Did Wal-Mart’s CEO call for a reduction in consumption?
Not quite but he is saying he’d like to see quality improve such that consumers don’t need to replace their toasters each year. Now the old adage is that you get what you pay for and this is exceedingly true at Wal-Mart. Their products are cheap, the companies that make them are forced to cut [...]
Wal-Mart CEO Sees Long-Lasting Shift In Consumer Spending
Wal-Mart CEO Sees Long-Lasting Shift In Consumer Spending.
Even Wal-Mart admits that consumer spending habits have changed and probably won’t go back to the way they used to be. Gone are the days of buying until we’re blue in the face. Where we had to have it all and the fuller our garage/basement the happier we [...]