Thursday, September 26, 2013


An interesting news-note.  Take it for what it's worth.

Wal-Mart Stores [...] is cutting orders it places with suppliers this quarter and next to address rising inventory the company flagged in last month’s earnings report. 

...U.S. chains are already bracing for a tough holiday season, when sales are projected to rise 2.4 percent, the smallest gain since 2009, according to ShopperTrak, a Chicago-based firm. Wal-Mart cut its annual profit forecast after same-store sales fell 0.3 percent in the second quarter....

WallyWorld is not un-sophisticated.  They just can't move the goods out the door.

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