Is Inflation Here? Walmart Warns of Rising Prices

When the CEO of Walmart says that inflation is coming, we best be on the lookout. As head of America's largest retailer, Bill Simon is in a unique place to see inflation traveling all the way through the supply chain. Walmart's WMT advanced computer systems are the some of the largest and most advanced computer systems in the world -- on par with computers the U.S. military uses. Every product and purchase is tracked to get stores resupplied as quickly as possible, usually just in time. As a retailer, Walmart is going to be keeping track of costs and profit margins very closely. Managers all across the company are carefully watching the reports. Continue reading the article.