Walmart’s new CEO, John Furner, started his tenure recently with a cautious message about the U.S. consumer. On the Walmart earnings call, he said households earning under $50,000 have “stretched” ...
Large U.S. retailers say the Trump administration tariffs are forcing them to hike customer prices to offset higher costs.
Walmart had held the title as the biggest company by annual revenue since 2009.
Walmart's newly installed leadership team on Thursday emphasized plans to build up artificial intelligence integration, lifting shares of the retail behemoth despite a cautious forecast.
BENTONVILLE, ARK. — Large food manufacturers can expect more pressure from Walmart to bring down pricing as the world’s biggest retailer pursues further price rollbacks. Price inflation in ...