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Walmart sees higher-income shoppers
Walmart Earnings: Holiday Shopping Is Off to a Strong Start
Walmart said U.S. sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys—a sign that spending is off to a steady start this holiday season. The retail giant raised its sales and profit estimates for the year.
Walmart is seeing growth in higher income shoppers, retailer says
The retailer saw share gains in new shoppers across income levels mainly led by upper-income households, which make more than $100,000 in annual income, Walmart officials said during an earnings call on Tuesday. Walmart in a previous earnings call had also highlighted the rise in its higher income shoppers.
Walmart sees higher-income shoppers as a key to holiday sales growth
Households earning more than $100,000 made up 75 percent of its Walmart’s market share gains in the third quarter, chief executive Doug McMillon said.
No Foul Play in Death of Worker in Walmart Oven
Update in Walmart Worker's Death in Store Oven Leaves Questions Unanswered
Police say the death of 19-year-old Walmart employee Gursimran Kaur, who was burned in a walk-in bakery oven, is not suspicious.
Police Rule Out Foul Play in 'Sudden Death' of Teen Walmart Employee Found in Store Oven
A company spokesperson previously said that Walmart was “heartbroken" over Gursimran Kaur's death at the store in Halifax, Canada on Oct. 19
Death of 19-year-old employee found in Walmart walk-in oven was not foul play, police say
We do not believe anyone else was involved in the circumstances surrounding the woman’s death,” a Halifax Regional Police spokesperson said.
Walmart Raises Concerns Over Proposed Trump Tariffs
Walmart among US companies raising concerns over proposed Trump tariffs
Tariffs could raise prices on clothing, toys, furniture, appliances, footwear and travel goods, particularly items where China is a major supplier.
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.”
Why Trump’s Tariffs Could Raise Grocery Prices
Groceries that are most likely to be affected are those that are hard to produce in the U.S., like coffee, bananas, or cocoa.
NBC News
9h
Walmart hikes its outlook again as shoppers spend more outside the grocery aisles
Walmart
raised its forecast on Tuesday, as its customers bought more discretionary merchandise, ordered more deliveries to ...
Yahoo
8h
Death of teen found in Walmart oven ruled ‘not suspicious’: Police
As FOX 8 previously reported, officers were called to a
Walmart
in eastern Canada around 9:30 p.m. on Saturday, Oct. 19.
15h
on MSN
Walmart's promise of low prices proves to be a powerful draw in the third quarter
Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw ...
3h
This is what you need to know about Walmart's next Black Friday deals run
Walmart officials said Black Friday deals will continue through the entire week, and customers looking to shop in-store Black ...
Yahoo
9h
Walmart warns it will have to raise prices if Trump’s tariffs are enacted
There’s a high chance that low-cost retailers such as
Walmart
will have to raise their prices if President-elect Donald ...
5h
on MSN
Jim Cramer explains why budget retailers like Walmart are seeing success
CNBC’s Jim Cramer surveyed the consumer spending landscape, explaining why budget retailers are coming out on top.
12h
on MSN
Walmart Keeps Picking Up More High-Income Customers
The amount of food Walmart sold grew at the fastest pace in four years, according to CFO John David Rainey, who noted rising ...
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