4.5 Years after the Recession, Low- and Middle-Income Families are Still Hurting (Retail Sales Edition)
Just last week, Walmart made headlines with a weak forecast for profits and sales at US stores. Low- and middle-income families are the core of Walmart’s customer base, and they are still struggling more than four-and-a-half years since the official end of the recession.
“The world’s largest retailer, which gets more than half its sales from groceries, on Thursday gave a disappointing full-year forecast. It blamed sharp cuts in food … Read the rest