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sheevpalpafiend @lemmy.world

5d ago

Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

fortune.com Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

The retailer’s stock dropped on the news that consumer confidence had hit a 12-year low.

Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

Walmart CEO Doug McMillon says customers are exhibiting ‘stressed behaviors’—and it’s already tanked the company’s valuation by $22 billion

fortune.com /2025/03/26/walmart-ceo-doug-mcmillon-customers-stressed-valuation-stock-drops/

Walmart CEO Doug McMillon says customers are exhibiting ‘stressed behaviors’—and it’s already tanked the company’s valuation by $22 billion

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Anticonsumption @slrpnk.net

Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

fortune.com /2025/03/26/walmart-ceo-doug-mcmillon-customers-stressed-valuation-stock-drops/

Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

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19 comments

"stressed behaviours" sounds like something you'd say to describe a herd of animals.
- We call them "consumers" now, darling.
  
  Cattle
- "Look, Mommy. Those animals over there are broke mfers!"
- They call this particular herd of animals "the working class"
- Have you been to a Walmart, especially late at night? That's a pretty accurate description.
- A person is smart...

19 comments