Credit debt, savings shrinkage pose problems
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| | CEO Doug McMillon says there are some red flags, even in grocery. READ MORE |
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| | More shopper interaction and better inventory management are just two areas of improvement. READ MORE |
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| 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? -- 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? |
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