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News Link • Business/ Commerce

As Goes Walmart, So Goes America: “Major Holes Are Starting to Form In Its Business”

•, Mac Slavo

And if there’s one retail company to watch as a prelude to what comes next it’s always been Walmart. Known for low prices, low wages, and multi-billion dollar profits, the world’s largest retailer is struggling.

According to a recent report from Motley Fool, the behemoth’s same stores sales in the U.S. have dropped precipitously and internationally they have outright collapsed, signalling serious trouble ahead.

Wal-Mart has begun to lose its cache with consumers and major holes are starting to form in its business.

Interestingly, Wal-Mart has hidden its financial problems from the headlines because challenges are different around the world, masking themselves in the overall picture.

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