U.S. Retail Sales Were Flat In July As Inflation Takes A Toll

U.S. Retail Sales Were Flat In July As Inflation Takes A Toll

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

Created by

Wayground Content

FREE Resource

In July, retail sales remained steady despite inflation, with mixed results for major brands. Target faced a significant profit drop due to inventory issues, while Walmart exceeded expectations with strong grocery sales. Consumers are cautious, spending more on essentials and exploring second-hand options. The video compares Walmart's and Target's strategies to adapt to changing consumer behavior.

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OPEN ENDED QUESTION

3 mins • 1 pt

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