Chris Versace says the discount retailers are caught in “No-Man’s Land” as Walmart (WMT), Costco (COST), and Amazon (AMZN) rack up wins while Dollar Tree (DLTR) and its ilk are left behind. He says consumers are leaning into online shopping to maximize deals, which doesn’t favor dollar stores. Sticky inflation remains a headwind for these discounters.
Morning Trade Live
04 Dec 2024
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