US retail giants face headwinds as two months of falling consumer confidence readings signal potential weakness in discretionary spending among American shoppers.
Tag: Walmart
Two Top Walmart Executives Leave Company Under New CEO John Furner
Two senior Walmart leaders departed the retailer as new chief executive John Furner implements structural changes at the world’s largest retailer.
Walmart Issues Worse-Than-Expected Earnings Outlook as High Gas Prices Hurt Shoppers
The retail giant’s shares fell after it disclosed a weaker full-year profit forecast due to rising fuel costs linked to the Iran war
Walmart Plans Price Cuts Using Tariff Refunds as Skittish Shoppers Seek Deals
The retailer said it would use money from tariff refunds to cut prices and retain cautious consumers