Major Warning: Walmart Reveals Shoppers Cutting Spending
BBC World
Walmart warns that rising petrol prices are forcing US consumers to cut spending, with significant implications for retail and the economy. Discover why this matters.
Walmart predicts a slowdown in sales growth due to rising petrol prices.
Average petrol prices hit $4.56 per gallon as conflict escalates.
Tax refunds are waning, increasing pressure on consumer budgets.
Walmart's shares dropped 7% amid concerns over economic impacts.