Walmart's CEO Says Shopping Trends Keep Shifting
When stay-at-home orders were first enacted, people responded by stocking up on staples. They bought toilet paper, rice, other food items, and lots of practical things.
As reality set in, consumers bought puzzles, board games, exercise equipment, and items to enhance or set up a home office. Now demand has shifted again, Walmart (NYSE: WMT) CEO Doug McMillon noted on the Today show last week.
Walmart's CEO said shopping patterns have shifted. Image source: Walmart.
Source Fool.com
