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Monday, August 29 2016

There's an $80 billion elephant in the room that could be worse than a recession for Walmart, Home Depot, and Costco

America's largest retailers are facing a threat that is rarely discussed: student-loan debt. Consumers make $80 billion in student loan interest payments a year, Moody's retail analyst Charlie O'Shea said on Bloomberg TV. This means that they have less money to spend at retailers like Walmart, Home  […]

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