Walmart & Target don’t like inflation either

InflationMoney MattersSales
Written By Jennifer Joslyn

🍉 Target & Walmart reported earnings this week and cited inflation as the primary reason for rapidly increasing costs.

Walmart mentioned an overstaffing issue in the same wavelength as Amazon previously reported as well, Target referenced a $1 billion transport bill with supply chain delays. Both large retailers are likely to transfer some of the bulk of the costs to consumers.

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Jennifer Joslyn
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