RR News Update! – Sept. 20th, 2022 – By: Justus Knight

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On today’s broadcast:

Why Are Walmart, Target + Many More Cancelling BILLIONS In Orders…What Do They Know That We Don’t? Coming into the Holidays, the largest retail sales time of year, major retailers are CANCELLING billions in orders!? Yes, that’s right, and we’ll tell you why they say they are doing it…but let’s bring a dose of reality to the story and let you know what they know that you are about to!

God Speed and God Bless,

Justus Knight

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Referenced Sources:

http://theeconomiccollapseblog.com/why-are-walmart-and-other-major-u-s-retailers-canceling-billions-of-dollars-in-orders-as-summer-comes-to-an-end/

https://alt-market.us/escalation-recent-events-suggest-mounting-economic-danger/

https://www.wsj.com/articles/electric-bills-soar-across-the-country-as-winter-looms-11663493404

https://www.cnbc.com/2022/09/15/fedex-ceo-says-he-expects-the-economy-to-enter-a-worldwide-recession.html

https://retailwire.com/discussion/walmart-and-other-retailers-are-canceling-billions-of-dollars-in-orders/

https://footwearnews.com/2022/business/earnings/kohls-cuts-outlook-weakened-demand-q2-1203324090/

https://www.fool.com/earnings/call-transcripts/2022/08/16/walmart-inc-wmt-q2-2023-earnings-call-transcript/

https://footwearnews.com/2022/business/retail/walmart-cancels-billions-in-orders-inventory-excess-1203323425/

https://footwearnews.com/2022/business/earnings/target-cancels-excess-inventory-q2-1203323644/

https://footwearnews.com/2022/business/earnings/retailers-canceling-orders-include-walmart-target-1203326742/

Categories: Economics, economy, Politics, Supply Chain, World Financial

Tags: #biden, #economy, #recession, #target, #walmart, #worldeconomy