Tags: WalMart
Walmart CEO Doug McMillon Admits Consumer Spending Trend Tougher to Predict in 2024 as Shoppers Spend Cautiously
Walmart CEO Doug McMillon has expressed a cautious outlook on consumer spending in 2024. Walmart CEO Doug McMillon has expressed a cautious outlook on consumer spending in 2024, emphasizing uncertainties surrounding shoppers' purchasing power amid higher credit card balances and shrinking household bank accounts.
Walmart CEO Says Deflation Could Be Coming This Holiday Season
Walmart CEO Doug McMillon said on Thursday that the possibility of deflation could be coming this holiday season as other general merchandise and essential grocery gets more affordable.
Home Depot Offers Hope of Future Growth Despite Sales Decline, Says the Worst of Inflation Is Over
Retail giant Home Depot offers a ray of hope to investors and consumers by asserting that the worst inflationary storm is behind us despite declining sales.
Walmart OKs $1.3 Billion Worth Mexican Investment
Walmart to invest $1.3 billion in Mexico. On the news is the Walmart's Mexico unit will invest $1. 3 billion over the next three years, company officials announced Wednesday at an event with Mexican President Enrique Peña Nieto.