JPMorgan expects Family Dollar Stores to face increased competition from players, such as Dollar General and Wal-Mart. This together with a weakening market is expected to have a negative impact on Family Dollar Stores. Dollar General is under the strong management of a PE firm, Kohlberg Kravis Roberts & Co. while Wal-Mart is expected to gain market share among discount retailers after it reduces prices. JPMorgan downgraded the stock from ‘Neutral’ to ‘Underweight’.