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

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Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

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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

What new insight or understanding did you gain from this video?

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