Walmart, Target Are Eating Dollar Stores' Lunch: Dollar General Lowers Guidance, Will Dollar Tree Be Next?

The battle over consumer spending on food and household items continues to heat up and big-box retailers may be taking more market share from dollar stores across several categories.What Happened: Discount retailer Dollar General Corp DG recently reported second-quarter financial results that saw revenue and earnings per share both miss estimates from analysts.The company also lowered its full-year revenue and earnings per share outlook as the company may be losing market share to larger competitors Walmart ...