Walmart Posts Best Month Since 2014 as Discount Rivals Slump
International Assets Advisory President Ed Confrancesco was quoted recently in Bloomberg saying what he has been telling people for months, that the economy is slowing and that Walmart thrives when consumer are looking for bargains. But, as Ed further explained, Walmart does much more than just put cheap products on the shelves. The company is well run, and pays very close attention to consumer trends, which is why Walmart is attracting more shoppers, including wealthier ones who can afford to buy elsewhere, while other discount retailers are struggling.
