In February, emails circulating among Wal-Mart executives leaked to the press. The emails described February sales figures as a "total disaster," and the executives placed the blame on the payroll tax cut expiry that went into effect on January 1. Everyone was worried about how increased taxes and rising gas prices were hitting the consumer, so the emails came at just the right time to stoke fears over a consumer slowdown even more.

BING NEWS:
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    05/5/2024 - 4:58 pm | View Link
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  • Fast-Food Promos Could Surge as Sales Slow, Diners Eat In
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