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0.000608741528347087 -0.000121748305669417 -0.00150156243658944 -0.000284079379895269 0.00681790511748714 0.00393652854997768 0.00198855565926711 0.00198855565926711
Stock impact report

Your local grocery store reveals a lot about you and your home price [Yahoo! Finance]

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: Yahoo! Finance
It may seem pretty straightforward: Whole Foods stores tend to be located in pricier, more affluent areas, while discount stores like Dollar General are found in communities with less wealth. But a recent analysis shows that store openings have a lot to do with how grocery chains expect neighborhood demographics – and home prices – to develop. The report comes from Aziz Sunderji, who worked in investment banking for many years before launching a newsletter called Home Economics. For the analysis, he matched more than 32,000 store openings over nearly 50 years alongside home price data, and added Census demographics. More: Food prices too high to stomach? Home-cooked meals are having a moment Sunderji found that home prices in ZIP codes where a Trader Joe's opened not only grew, but grew at a 6% faster rate than the national average over the following three years. But in ZIP codes where a Walmart opened, home prices lagged the national average by 4%. Rich get richer, poor get Show less Read more
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