Why Temu's $10 Dresses Could Discount Dollar General Stock

A package from Temu among with other packages, in front of a screen with the logo of Temu. (Photo by ... [+] Nikos Pekiaridis/NurPhoto via Getty Images)NurPhoto via Getty ImagesIf you watched the Super Bowl this month, you are probably familiar with Temu — the privately-held Boston-based deep discount retailer — that spent “tens of millions of dollars” on its “shop like a billionaire” ads, according to the Boston Globe.Temu is growing very quickly. Since launching in September 2022, Temu’s ultra low prices ...