Wal-Mart Cutting Orders as Unsold Merchandise Piles Up – Bloomberg

Wal-Mart Cutting Orders as Unsold Merchandise Piles Up – Bloomberg:

“The pullbacks for this quarter and next imply Wal-Mart is expecting softer demand, Robin Sherk, a New York-based analyst at consulting and research firm Kantar Retail, said in an interview. “

*Why is Walmart expecting soft demand? What data are they looking at that indicates weaker sales in the near term?

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