Are any companies cutting back in any way besides WalMart? Seems more likely that WalMart is just awful.
Plenty. There's constant churn. E.g., Toys R Us just announced they're shuttering 20% of their locations and laying off most of the employees in those locations.
Well, that's a dying business. Amazon is killing it and the toy market is declining as a whole. I'm talking companies like Walmart and Starbucks that are booming.
Walmart is a notorious cost-cutter and treats its employees like garbage. That in general makes them a poor gauge of how economic conditions are affecting the workers - no matter what the climate, it's probably a bad day for workers at Walmart.
