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Tag: Trump administration

Retail profits to take a hit from price wars and investments, Moody’s says

Customers look on as a Walmart cashier rings up their purchases at a Walmart store on August 15, 2019 in Richmond, California. Justin Sullivan | Getty Images Moody’s Investors Service is predicting slower growth ahead for retailers, as price wars and big investments weigh on profits. The debt rating agency cut its operating profit growth …

Retail profits to take a hit from price wars and investments, Moody’s saysRead More