Consumer confidence

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…

Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…