Why are Amazon, Target, and Costco stock prices down? Blame Walmart (and inflation) (Michael Grothaus/Fast Company)

Michael Grothaus / Fast Company
Why are Amazon, Target, and Costco stock prices down? Blame Walmart (and inflation) – Call it the retail stock apocalypse. As inflation causes prices to soar, Walmart is sitting on billions in inventory. And customers arent buying. Investors in big retail stocks could be in for a bumpy weekor longer. Shares in major U.S. retailers are down across the board this morning in pre-market …

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