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Walmart's customers are too broke to shop
Walmart is facing a "perfect storm" that's hurting its sales growth, according to Moody's.
The company's core customers are struggling with flat income levels, andsavings from lower fuel prices aren't translating into more retail spending, Moody's vice president, Charles O'Shea, wrote in a note to clients on Wednesday.
The business is also under pressure from deflation in key product categories, such as food, and the effects of the strong dollar abroad.
"Walmart is facing an almost perfect storm when it comes to top-line growth," O'Shea wrote. "Until the health of the lower-to-middle-income consumer improves, Walmart will continue to face macroeconomic headwinds in the US."
Walmart said last month that it's expecting virtually no sales growth in the coming fiscal year.
Source: Business Insider via Yahoo
"Soon after moving to Los Angeles, Dr. Luke began to violently abuse the young Ms. Sebert... Dr. Luke continuously made sexual advances towards Ms. Sebert. He forced Ms. Sebert to take drugs and alcohol in order to take advantage of her sexually while she was intoxicated." - Kesha's attorneyIf the allegations against "Dr. Luke" are true, he checks most personality traits that characterize a psychopath. A comprehensive timeline on what happened to Kesha Rose can be read here. Since going public, Kesha has been attempting to terminate her contract with Sony. Last month, however, a judge ruled that Kesha could not be let out of her contract with the company and has to stick to her agreement to make six more albums. The singer burst into tears upon hearing the judge's ruling.
Comment: Since almost all media (exception being counter-hegemonic alternative media, such as SOTT) take their marching orders from about six global sources, it is a slam dunk that the public will be unduly swayed by whatever commentary is spoon fed to the outlets. If the PTB want Islamophobia, the labeling and slant will be its consistent and prevalent reflection.