Thursday, March 31, 2011

Wal-Mart CEO Bill Simon expects inflation

Wal-Mart CEO Bill Simon expects inflation - USATODAY.com

"Every single retailer has and is paying more for the items they sell, and retailers will be passing some of these costs along," Long says. "Except for fuel costs, U.S. consumers haven't seen much in the way of inflation for almost a decade, so a broad-based increase in prices will be unprecedented in recent memory."


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