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Dollar Stores Hammered by Trump Proposal to Abandon Food Stamps
Craig Giammona
Bloomberg
A Trump administration proposal to reduce food-stamp benefits is casting a cloud over U.S. dollar-store chains.
Shares of Dollar Tree Inc. and Dollar General Corp. both dropped on Monday after President Donald Trump unveiled the plan, which would slash cash payments and substitute them with packages of food -- potentially one of the biggest shake-ups in the history of the Supplemental Nutrition Assistance Program, or SNAP.
https://finance.yahoo.com/news/dollar-stores-hammered-trump-proposal-200545163.html
Dollar Stores Hammered by Trump Proposal to Abandon Food Stamps
Craig Giammona
Bloomberg
A Trump administration proposal to reduce food-stamp benefits is casting a cloud over U.S. dollar-store chains.
Shares of Dollar Tree Inc. and Dollar General Corp. both dropped on Monday after President Donald Trump unveiled the plan, which would slash cash payments and substitute them with packages of food -- potentially one of the biggest shake-ups in the history of the Supplemental Nutrition Assistance Program, or SNAP.
https://finance.yahoo.com/news/dollar-stores-hammered-trump-proposal-200545163.html