Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
ITT Walmart is raising prices despite making more money than ever. In reality, Walmart is earning less than last year and trying to recoup tariff costs through price increases. The difference is in if you understand that sales being up doesn’t mean profits are up.
Tariffs still being in effect means Walmart is justified in its actions.
I guess I was very unclear in my argument.
ITT Walmart is raising prices despite making more money than ever. In reality, Walmart is earning less than last year and trying to recoup tariff costs through price increases. The difference is in if you understand that sales being up doesn’t mean profits are up.
Tariffs still being in effect means Walmart is justified in its actions.