A Tale of Two Retailers: Walmart and Macy's Report Earnings
Bloomberg Businessweek
Introduction
The hosts analyze the recent earnings reports of Walmart and Macy's, focusing on the decline in Walmart's stock and concerns about U.S. shoppers' outlook. They discuss the CFO's revelation of a sharper fall off in sales and note the positive impact of promotions and holiday shopping in November. The impact of higher interest rates and student loan repayments is also discussed.
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