Walmart had soso sales, but increase profits by stream lining scheduling and cutting costs.
Why does everyone cry the sky is falling re consumer spending? Employment is solid, wages are up, and interest rates are very low. I’m looking for a seasonal gain of between 4-6% this season with the largest increase being in the gift card area.
BEWARE the lamestream medias screeches this season about mall sales being down. Many, many people will be shopping on line, which does not get reported immediately gift cards purchased are not counted until redeemed and that’s after Christmas.
Wal-mart can increase its sales by hiring some checkout clerks and training them to maximize attendance and speed. They may boast 35 checkout lines but hire only two very slow cashiers, limiting the volume of merchandise that they can sell. Reliably rapid checkout lines also attract customers.