Report
Retail & E.commerce
Walmart’s profit warning reveals that in-store food prices cannot be lifted forever, at least not beyond 11% in the US, without negative consequences (i.e. consumer arbitrage by switching spending away from discretionary non-food products and premium food products), which are weighing on profitability. Negative read-across for Ahold Delhaize and for specialised retailers selling discretionary goods. Neutral read-across for European food retailers.
Provider
Bryan Garnier
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Clement Genelot
Other Reports from Bryan Garnier
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.