Consumer slowdown is hitting the fan as rich people pivot and start shopping at cheaper stores like Walmart

4 comments

1. Keep your Gucci bag out of my Walmart

2. Where do the poor people that used to shop at Walmart shop?

3. Rich people have been shopping at Wal Mart since the beginning of time.

4. What are the 30 higher-end brands, does anyone have a link? Just curious what they’re using to measure this. Gucci is probably too far on the higher end, but inquiring minds want to know.