Jim Cramer Says Tough to Own Discounter Retailers and Grocery Stores

Jim Cramer says Walmart's price cutting is making it tough to own discount retailers and grocery stores.
Author:
Publish date:

Jim Cramer says he's not surprised that Dollar Tree  (DLTR) - Get Report  was downgraded by a brokerage firm, saying that Dollar General  (DG) - Get Report  recently made negative comments about the retailing business on its recent conference call. Cramer says Walmart  (WMT) - Get Report  is cutting prices and it's impacting numerous retailers, including Target (TGT) - Get Report , Whole Foods  (WFM)  and Kroger (KR) - Get Report , which are companies also impacted by falling food prices.