iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Wal-Mart CEO, Mike Duke: “Our shoppers are running out of money”

“NEW YORK (CNNMoney) — Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried, CEO Mike Duke said Wednesday.

“We’re seeing core consumers under a lot of pressure,” Duke said at an event in New York. “There’s no doubt that rising fuel prices are having an impact.”

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3 comments

  1. Bud Tender

    WHAT?! There’s no more money to buy my favorite Slim Jim or chewin’ tabacky?

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  2. The Equalizer

    Turn those machines back on, Mortimer!

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  3. NeedaMillion

    What’s bad for Walmart is good for your local supermarket

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    • 0 Deem this to be "Fake News"