WalMart Margins Set to Plunge? Will Rest of Retail Follow? What About Jobs?
MishTalk
OCTOBER 16, 2014
Retail sales reports on Wednesday have me thinking about the strength of the economy, commercial construction, jobs, and profit margins. Fewer Stores, Less Hiring Fewer stores means less construction and less hiring. Wal-Mart''s same-store sales — an industry benchmark of health — haven''t risen in six quarters.
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