How Tough Is It Out There…..Just Ask Walmart
Posted By thestatedtruth.com on September 22, 2010
Talk about tough times out there, this shopping habit says it all.
Bloomberg:Â Wal-Mart CEO
“I don’t need to tell you that our cusÂtomer remains challenged…You need not go farther than one of our stores on midnight at the end of the month. And it’s real interesting to watch, about 11 p.m. customers start to come in and shop, fill their grocery basket with baÂsic items – baby formula, milk, bread, eggs – and continue to shop and mill about the store until midnight when government electronic benefits cards get activated, and then the checkout starts and occurs. And our sales for those first few hours on the first of the month are substantially and signifiÂcantly higher.”    Walmart CFO
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