Paul Trussell on Walmart

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Last quote by Paul Trussell on Walmart

The stock is down this morning given a lot of expectations and hope that Wal-Mart [U.S. comparable] sales would have improved more than the 0.6 percent, given the low gas prices and overall employment. But Wal-Mart has been a market share loser now for a number of years. I think this is a very different backdrop than we had in 2008, when there was actual trade down and the economy was decelerating.feedback
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Feb 18 2016
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