Buyers will keep springing for fancy Walmart wares
(Reuters) – Walmart (WMT.N) is thriving while consumers cut back on pricier options like Starbucks (SBUX.O) and McDonald’s (MCD.N). As buyers scale down their spending on luxury items, they are increasingly turning to Walmart for a wider range of goods, including higher-priced items like furniture and clothing. Changing Consumer Behavior