Money Quote Tuesday Dec. 5th 2017
Plus your morning shots of depresso from DC, StartupLand, and more
I’m going to tip toe out on a limb here and presume that most NewCo Shift readers don’t spend their after work hours perusing the aisles at Dollar General. But our featured story today takes you inside the company behind the fast growing chain, which caters to the rural working class making $40,000 or less. It’s a tour well worth taking if you want to understand troubling trends on the US economy (where everyone is winning, remember?). Dollar General makes more profit, and has a far larger market cap, than nearly all of its more well-known competitors. Why? Well, the answer there is pretty depressing.
How Dollar General Became Rural America’s Store of Choice
Read More