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
Link: http://bloom.bg/1UaZlbJ
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?
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