Commonground
Senior Moderator
TUESDAY, SEP 15, 2026
Speaking at Goldman Sachs' 33rd Annual Global Retailing Conference on Tuesday morning, Dollar General CEO Todd Vasos offered a downbeat assessment of its customer base, warning that financial stress is spreading up the income ladder to middle- and upper-middle-income households.
Years of elevated prices for everyday goods, compounded by gasoline prices above $4 a gallon nationally and $6 a gallon for diesel, are certaintly reshaping consumer habits across income cohorts. Vasos said that even customers earning $100,000 or more, whom Dollar General classifies as higher income, are increasingly under stress.
Vasos explained:
Continued: https://www.zerohedge.com/economics...r-middle-acting-lower-income-amid-fuel-crisis
Speaking at Goldman Sachs' 33rd Annual Global Retailing Conference on Tuesday morning, Dollar General CEO Todd Vasos offered a downbeat assessment of its customer base, warning that financial stress is spreading up the income ladder to middle- and upper-middle-income households.
Years of elevated prices for everyday goods, compounded by gasoline prices above $4 a gallon nationally and $6 a gallon for diesel, are certaintly reshaping consumer habits across income cohorts. Vasos said that even customers earning $100,000 or more, whom Dollar General classifies as higher income, are increasingly under stress.
Vasos explained:
Continued: https://www.zerohedge.com/economics...r-middle-acting-lower-income-amid-fuel-crisis