How Discount Shoppers Are Helping Retail ETFs
April 18th, 2009
Cheap is the new black. The changing face of consumerism is America is leading to a value-oriented shopper, leaving low-cost retailers in a position to prosper, and it is displayed in the performance of retail exchange traded funds (ETFs).
The Family Dollar Store (FDO) is a low-cost retail chain that has fared well in this down economy. It has outperformed other retailers such as Macy’s (M) and J.C. Penney (JCP), as consumers are trading down and wanting their dollar to go a lot further. Most items sell for under $10 in these shops.
Full Story: http://www.etftrends.com/2009/04/how-discount-shoppers-are-helping-retail-etfs.html
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