freddiemertz

Wal-Mart Beats Other Retailers for a Piece of the Stimulus Pie

Once again, very little expertise on display here. This is WMT's normal rollback program, branded as "economic stimulus" just as August's was branded "Back to school". In fact, the number of items in this round of rollback is actually LESS than normal. And more importantly, extending no interest financing on groceries and consumables is actually pretty foolish. There is a reason that grocery stores don't issue credit cards and don't give financing. It is asking for trouble with a low-end consumer.