Walmart CEO: With No Stimulus Package, Unemployed Americans Can't Buy Things

Walmart CEO: With No Stimulus Package, Unemployed Americans Can't Buy Things

Walmart has been one of the few companies to do well in the pandemic. Digital sales have nearly doubled from a year ago, and same-store sales have increased 9.br But according to Business Insider, even Walmart CEO Doug McMillon knows that with such widespread unemployment, its a streak of luck can't last forever.br Business Insider reports McMillon said on CNBC's 'Squawk Box' on Thursday that Congress needs to pass a second stimulus package--and do it quickly.br Since passing the $2.2 trillion CARES Act in March, Congress has done nothing meaningful towards passing a second stimulus package.br There are Americans...that don't really care about politics, aren't really tied up in this election and they just need some help.


User: Wochit Business

Views: 11

Uploaded: 2020-10-15

Duration: 00:35

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