Credit debt, savings shrinkage pose problems
 
Supermarket News Daily

DECEMBER 11, 2023

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Walmart can’t predict how shoppers will spend in 2024

CEO Doug McMillon says there are some red flags, even in grocery.

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5 things: Will pharmacists have a union vote?

Here’s 5 things you may have missed in grocery.

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Aldi opens nearly a dozen stores across 10 states in December

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Survey: Hunger impacts nearly a third of U.S. residents

Hello Fresh report shows more than two-thirds of respondents want brands and organizations to take action on food insecurity.

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Dollar General announces officer promotions

Discount retailer promotes four to leadership roles.

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Publix recognized 12 leaders with the company’s greatest honors

Grocer announces recipients of George W. Jenkins and President awards.

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Dollar General CEO has a comeback plan

More shopper interaction and better inventory management are just two areas of improvement.

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Tell us what you think...

Walmart CEO Doug McMillon says 2024 could be a difficult year for retailers as shopping behaviors could turn unpredictable. Walmart is forecast sales gains for the first quarter, but drops for the remaining three. It's the perfect storm, rising credit debt and dwindling savings for shoppers, and lower unit prices at the retail level. How early do you see sales beginning to struggle? 
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Let us know what you think in the comments  here,  or email the SN staff at [email protected]And have a great week.

WHAT DO YOU THINK?