Walmart CEO Says "Fiscal Cliff" Affects U.S. Shoppers
Filed under: Wal-Mart Stores, Retail
By Martinne Geller
NEW YORK, Dec 11 – A large portion of American consumers now know about the “fiscal cliff” and a sizeable number of them expect the debate over it to curb their holiday spending, according to the chief executive of Wal-Mart Stores Inc.
In the week before last month’s U.S. presidential election, only 25 percent of its core U.S. shoppers knew what the term “fiscal cliff” meant, CEO Mike Duke told a gathering on Tuesday in New York.
“One week after the election it was up to…
Walmart CEO Says “Fiscal Cliff” Affects U.S. Shoppers originally appeared on DailyFinance.com on 2012-12-12T10:00:00Z.
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