April’s Used-Car Sales Plunge: Shocking 8% Drop in Retail Estimates!
In April 2023, used-car retail sales experienced a decline of approximately 8% year-over-year, according to data from Cox Automotive. However, average retail listing prices have continued to trend higher. Despite this, car buyers may soon be able to access better deals as wholesale used-vehicle prices decreased by 3% in April compared to March, marking the […]
Walmart’s $4 Billion Debt Deal: Unprecedented Demand for Retail Giant’s Robust Financial Move
Retail giant Walmart Inc. is set to complete a $4 billion corporate bond deal, with a five-part offering drawing in nearly $27 billion in orders from investors. Walmart, a big-box retailer with AA credit ratings, plans to use proceeds from the debt raise for general corporate purposes. The company has at least $4 billion worth […]