Consumer spending proved strong in July:
“July retail sales rose 0.6% from June 2019 and 3.4% above last year, according to the U.S. Department of Commerce’s latest monthly report on the trade. Sales at nonstore retailers (mostly e-commerce) rose 2.8% from June and 16% year over year, a strong showing probably due in part to Amazon’s Prime Day, according to a note from Wells Fargo economists emailed to Retail Dive.”
P.S. Walmart is not the same store that it was even a few years ago. If you are hoping to work effectively with this rapidly-changing company, you’ll need guidance. Our experts can help. Book a consultation today.