The claim that the decline of American buyers is exaggerated. New quarterly reports and other data show that Consumers still spendThey are just much more cautious – and prefer large retailers. Inflation coolsto the point that The Federal Reserve is widely expected to cut interest rates next month. High mortgage interest ratesdriven by the Fed, […]
In this story Walmart (WMT) is lowering prices on thousands of items as Inflation is easinga sign that consumers are still Hunt for bargains. Medicare patients could save $1.5 billion on 10 prescription drugs “We lower prices when it comes to value,” says Doug McMillion, Walmart’s (WMT) CEO said during the company’s second-quarter earnings call. […]
As Inflation cools down And Consumers continue to look for bargains, Walmart (WMT) gets a boostShares of Walmart rose 7% on Thursdayafter the retail giant posted robust Second quarter resultsGrowth in the last quarter was due to higher-income households turning to the discounter and its advertising and e-commerce divisions. M&M maker Mars acquires Pop-Tarts maker […]
