Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Mike 03

(18,325 posts)

5. I believe him, but isn't the conventional wisdom that stores and chains

Reply to Eugene (Original post)

Sun Mar 16, 2025, 07:50 AM

Mar 16

lower down the totem pole perform well during recessions as customers "trade down"; so the people who used to shop at Target move to Walmart, and these Dollar stores benefit from this shift? (Obviously, none of this is good news, but certain sectors tend to do well during financial hardship). Many of us have heard over the years how cosmetic companies outperformed during the Great Depression, etc...

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

6 replies

= new reply since forum marked as read

Highlight:

Dollar General CEO makes grim admission amid Trump's trade war [View all] Eugene Mar 15 OP

Changing name dweller Mar 15 #1

The video on the first link is Jordan Belfort on Fox n Friends underpants Mar 15 #2

It's not just Dollar General bucolic_frolic Mar 15 #3

Penny Private cynical_idealist Mar 15 #4

I believe him, but isn't the conventional wisdom that stores and chains Mike 03 Mar 16 #5

Good point. I wonder if it is by comparison, key being "outperformed" Bernardo de La Paz Mar 18 #6