• Dow Jones reports that Walmart CEO Mike Duke is expecting a lot of last-minute end-of-year holiday shopping this year, and so will delay putting up Christmas decorations until a little later than usual.
"The customer will use every bit of intelligence, price comparisons and shopping on the Internet," Duke told at a Goldman Sachs retail conference Thursday, referring to a global consumer frugality that will affect sales through the end of the year.
"The customer will use every bit of intelligence, price comparisons and shopping on the Internet," Duke told at a Goldman Sachs retail conference Thursday, referring to a global consumer frugality that will affect sales through the end of the year.
- KC's View:
- It will be interesting to see what happens on Black Friday this year – always one of the busiest shopping days of the year, and not one of the more profitable because of all the sales that take place that day.
