Link: Walmart Lays Off Corporate Staff, Tells Workers at Three Tech Hubs to Relocate

Walmart’s emphasis on keeping prices low in its grocery business has helped insulate it from a pullback in non-essential spending. The company has also gained market share among higher-income customers. But Walmart projected consolidated net sales to grow between 3% and 4% during the current fiscal year, slower than the nearly 6% growth it reported for the most recent fiscal year. Earlier this year, Walmart announced plans to buy TV maker Vizio for $2.3 billion, in part to help boost its advertising business. #


Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.