03/29/2024

Wal-Mart Says Insurance Costs May Hurt Customer Spending

The company attributed a third consecutive drop in U.S. comparable-store sales to a laundry list of macroeconomic headwinds when it reported earnings last week. Wal-Mart, which forecast continued gloominess through year-end, told analysts it would watch to see if the federal health-care law would take yet another chunk out of customers’ pocketbooks.

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