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Watchwoman on the Wall
Wal-Mart: Our shoppers are ‘running out of money’
By
Donna Calvin
Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried, CEO Mike Duke said Wednesday. “We’re seeing core consumers under a lot of pressure,” Duke said at an event in New York. “There’s no doubt that rising fuel prices are…
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