MATTHEWS, N.C. — Saying its customers were “severely strapped for cash,” Family Dollar Stores here last week said sales were lower than expected and net income fell by 4.1% during its fiscal second quarter, which ended Dec. 1. The results — as well as a gloomy near-term forecast — provided further indications that lower-income consumers are being hit exceptionally hard by the current economic slowdown. “When we first outlined our expectations for fiscal 2008 a few months ago, we suggested ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.