Companies Scramble to Ease Impact of China Tariffs
Those surveyed by KPMG have employed various strategies to reduce the added cost.
Walmart Shares Jump 9% on ‘Banner’ Quarter
U.S. same-store sales rose 4.5% — the best growth in more than a decade — amid a particularly strong performance in Walmart's grocery business.
Walmart CEO’s Pay Rises 2% to $22.8 Million
Doug McMillon outearned the typical Walmart employee by a ratio of 1,888 to 1 in 2017, the company discloses.
Wal-Mart Heads Into Holidays on Sales Surge
Grocery categories delivered the strongest quarterly performance in nearly six years and e-commerce grew 50% in the third quarter.
E-Commerce to Power Walmart Sales in 2019
"No doubt we are in a transformational period of history. Our future is looking more digital," says CEO Doug McMillon.
Walmart’s E-Commerce Sales Jump 60% in Q2
The retail giant has made aggressive moves to compete with Amazon and now offers online grocery in more than 900 U.S. locations.
Walmart’s Online Sales Increase 29% in Q4
Comp sales were up at all Walmart's retail formats though analysts are wondering when sales growth will translate into earnings growth.
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