Walmart CEO Says Americans Shift Spending Habits During COVID-19 Pandemic

Walmart CEO Doug McMillon talked about the spending habits of people at home. He said that as people’s grooming needs rise, so does their shopping for beauty supplies. McMillion said more people are buying beard trimmers and hair color, among other supplies. According to Business Insider, these supplies are a result of nonessential businesses, like hair salons, closing. McMillion said: "It's interesting to watch the dynamic play out."