Wednesday , 4 December 2024
Home Forex Wal-Mart CEO says he’s seen some softness in demand since the election
Forex

Wal-Mart CEO says he’s seen some softness in demand since the election

Retaillers haven’t been overly optimistic lately. Best Buy cut its full-year sales forecast last week while Kohl’s struggled after earnings. I think much of that is a shift to online, as Black Friday shopping showed but Wal-Mart is strong online so this is an interesting comment.

Shares of WMT took a quick dip afterwards.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Beige Book: Fed districts deport slight growth, rising business optimism for 2025

&]:mt-2 list-disc space-y-2 pl-8" depth="0">Economic activity rose slightly in most DistrictsThree regions...

Fed’s Powell: US economy is envy of the world, I’m going to do everything to keep it there

Feel very good about where monetary policy isUS economy is in remarkably...

Oil can’t hold a bid ahead of Thursday’s OPEC+ decision

There have been multiple reports saying that the most likely OPEC+ result...

Trump picks former commissioner Paul Atkins for SEC chair

A report yesterday said Atkins was reluctant to take the job. Coindesk...