Former Walmart U.S. CEO Bill Simon has warned that consumers in the United States are starting to buckle for the first time in a decade. This is due to inflation, according to Simon. The American consumer has been praised for their resilience in the face of a potential recession, but a Bloomberg survey suggests that they may be reaching their limit. This news comes as three major retailers kick off a key sales week.
The American consumer, who did a heroic job fighting the odds of a US recession, is about to give in, according to the latest Bloomberg survey https://t.co/pVSB386NNg
The American consumer, who did a heroic job fighting the odds of a US recession, is about to give in, according to the latest Bloomberg survey https://t.co/Lojudfwwf5
The American consumer, who did a heroic job fighting the odds of a US recession, is about to give in, according to the latest Bloomberg survey https://t.co/MELjC1cJu9
Consumers are starting to buckle for first time in a decade, former Walmart, $WMT, U.S. CEO Bill Simon has said.
‘As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting to buckle for the first time in a decade.’ https://t.co/DSOaozh3FH
US shoppers buckling for first time in a decade due to inflation: ex-Walmart CEO https://t.co/8LgVWFhodh https://t.co/LjkhMTH9NQ
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns - CNBC https://t.co/rujYJWsnys