Description: Wal-Mart lowered its annual sales forecast in a move it blamed on the strong dollar, adding another headache for a retailer struggling with slow U.S. traffic and decelerating e-commerce growth.
Source: Bloomberg – video report
Date: Feb 18, 2016
Questions for discussion:
- Summarize the situation at Wal-Mart and in retailing in general.
- How should investors deal with this sector going forward from today?