Should-Read: Todd Vasos: The Dollar General CEO just accidentally made clear how screwed up the economy is

Should-Read: Todd Vasos: The Dollar General CEO just accidentally made clear how screwed up the economy is: “The economy is continuing to create more of our core customer…

…[who] doesn’t look at her pantry or her refrigerator and say, ‘You know, I’m going to be out of ketchup in the next few days. I’m going to order a few bottles. The core customer uses the last bit of ketchup at the table the night prior, and either on her way to work or on her way home picks up one bottle…. We are putting stores today [in areas] that perhaps five years ago were just on the cusp of probably not being our demographic, and it has now turned to being our demographic…

December 5, 2017

AUTHORS:

Brad DeLong
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