Hints and tips:
...“The days of sales growth being driven by these big price increases, those are probably over,” said Brian Yarbrough, an analyst at Edward Jones....
...John David Rainey, Walmart’s chief financial officer, pointed to the role discounts are playing, telling the Financial Times that sales during periods between promotions had been slower....
...Still, Walmart chief financial officer David Rainey told analysts “the consumer is stressed”....
...Walmart reported better than expected third-quarter results and lifted its earnings guidance for the year, but chief financial officer David Rainey told analysts “the consumer is stressed”....
...Brian Cornell, chair and chief executive, warned that “consumers are showing increasing signs of [financial] stress”....
...Presenters during its 16-year reign as the Sunday lunchtime aperitif for the chattering classes included Peter Jay, ex-MP Brian Walden and Times columnist Matthew Parris....
International Edition