/cloudfront-us-east-2.images.arcpublishing.com/reuters/CZLCDQJMU5L4NBAP4RGOT63JZE.jpg "Breakingviews – Walmart’s ho-hum is the new fabulous")
Breakingviews - Walmart’s ho-hum is the new fabulous,At Walmart , boring is the new fabulous. The $390 billion retailing giant is a bellwether for consumer spending. So, it would follow that, as wallets become pinched, low growth and slim margins would be cause for concern. But Walmart benefits from being big, established, and, importantly, profitable, and the latter can’t be said for Amazon.com’s retail business. As the shine comes off of technology companies, Walmart’s failures are an afterthought.
Breakingviews – Walmart’s ho-hum is the new fabulous
At Walmart , boring is the new fabulous. The $390 billion retailing giant is a bellwether for consumer spending. So, it would follow that, as wallets become pinched, low growth and slim margins would be cause for concern. But Walmart benefits from being big, established, and, importantly, profitable, and the latter can’t be said for Amazon.com’s retail business. As the shine comes off of technology companies, Walmart’s failures are an afterthought.
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