Walmart US CEO Says Shoppers Are Still Spending at Healthy Rate
Shoppers at a Walmart store in Secaucus, New Jersey.
Photographer: Gabby Jones/BloombergWalmart Inc.’s US CEO said shoppers are spending at a healthy rate and remain resilient, despite warning signs from banks about the economy.
“We see [a] resilient customer that makes really smart choices for what’s right for them and their families at the time they’re shopping,” John Furner, Chief Executive Officer of Walmart US, said during a panel Wednesday at CNBC’s “Invest in America” forum.