Wal-Mart CEO says he's seen some softness in demand for the reason that election
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Retaillers have not been overly optimistic currently. Finest Purchase lower its full-year gross sales forecast final week whereas Kohl’s struggled after earnings. I feel a lot of that may be a shift to on-line, as Black Friday purchasing confirmed however Wal-Mart is powerful on-line so that is an attention-grabbing remark.
Shares of WMT took a fast dip afterwards.
This text was written by Adam Button at www.ubaidahsan.com.
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