Amid pandemic, big US retailers cash in as small business suffers

Washington (AFP) – Walmart earnings are surging, Amazon is expanding into pharmacies and Wall Street indices are hitting record highs, but data released Tuesday shows traditional retailers struggling to keep up as the Covid-19 pandemic disrupts the US economy.Nationwide retail sales grew by only 0.3 percent last month, the Commerce Department reported, much slower than in September and before the nationwide surge in coronavirus cases seen in recent weeks that has some states reimposing business restrictions.It also augurs poorly for the overall economy, which seems bound to endure months of wi…

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