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economy

The New Normal

I know Walmart is a bad word to anyone servicing better tiers, but guess what, they’re the ones benefiting from the economy. Moreover, they just might maintain much of that market share post recovery.

Everyone keeps wondering if people will ever return to pre-recession level spending. While I think Americans have extremely short memories and will return to shopping, I don’t think it’ll be with the same abandon as before.

(And that’s a good thing—look where it got us.) Stores like Walmart seem to have the same theory.. .