America's 'permanent underclass' isn't going anywhere — and that's great news for stores like Dollar General and Dollar Tree

Dollar stores are thriving in 2018 because poorer Americans still can't afford shopping at other retailers, according to Morgan Stanley analysts. "We think a 'Goldilocks' scenario is playing out for the Dollar Stores: low-end consumer health continues to improve ... while likely not improving so much as to cause significant trade-up," the note reads. Retailers like Dollar GeneralDollar Tree, and Family Dollar rely on what one expert calls a "permanent underclass" to drive...

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