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Stock impact report

Why your local grocery store is making a comeback [CNNMoney.com]

Dollar General Corporation (DG) 
Last dollar general corporation earnings: 3/12 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/dollar
Company Research Source: CNNMoney.com
Why your local grocery store is making a comeback New York (CNN Business) Small town grocery stores have been struggling, first against the rise of Walmart and then from the growth of Dollar General. But for many independent grocers across America, the coronavirus has provided an unexpected lift. "All of a sudden, it's been an opportunity to address the challenges they have seen for years and years," said David Procter, director of the Rural Grocery Initiative at Kansas State University. In rural Kansas, where more than 100 grocery stores have closed since 2008, a new store has not re-opened in 50% of those communities, according to the Rural Grocery Initiative. The situation is similar in other Farm Belt states. North Dakota has lost 20% of its rural grocery stores in the last five years, according to the North Dakota Association of Rural Electric Cooperatives. Small town grocery stores have been bruised by several trends, experts say. The rise of such big box chains as Walmar Show less Read more
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