Uncertainty leads to cautious retailer outlooks — PYMNTS.com

The cautious outlooks of Walmart and Amazon are driven by concern about inflation, tariffs, and the economy:

“’Uncertainty seems to be the buzzword of earnings calls,’ Neil Saunders, managing director of retail at research firm GlobalData, told PYMNTS in an interview. ‘Going into this year, a lot of retailers are very nervous about various aspects of policy, particularly tariffs. They fear both the cost implications for their businesses and the dampening impact higher prices would have on spending. We are seeing this come out in guidance.’”

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