Walmart, Trump and Home Depot
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"Walmart’s price increase will make it easier for other retailers to follow suit,” said Neil Saunders, managing director of retail at the analytics at GlobalData Plc.
Analysts say Walmart's thinner margins and price-sensitive shoppers may have influenced the company's decision to speak out.
R etail giant Walmart is known for low prices, but those prices are about to go up. On its latest earnings call, CEO Doug McMillon and CFO John David Rainey warned that the compan
Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's tariffs, saying that he spoke to the head of Walmart and the retailer's warnings of price increases for consumers were simply a “worst case scenario.