THE ex-CEO of Walmart US has warned that the chain could find it tricky to keep high-income shoppers that have turned to the company. Bill Simon alluded to a bubble that has been created in recent years. Bill Simon, the former CEO of Walmart US, warned of the difficulties the company could faceCNBC GettyWalmart has proved popular among low-income and high-income Americans[/caption] Shoppers turned to budget-friendly options as inflation squeezed family incomes. In June 2022, inflation hit a whopping 9.1% – a figure not seen since the summer of 1981. Inflation is trending downward and Simon, the former CEO of Walmart US, alluded to the potential impacts this could have on th
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