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Walmart is trying to gain new customers despite economic worries, as Chief Financial Officer John David Rainey told reporters ...
The Consumer Price Index (CPI) for April rose by a seasonally adjusted 0.2%. The tame jump put the 12-month inflation rate at ...
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Walmart CFO Warns Trump’s Tariffs Will Cause Prices to SkyrocketWalmart’s Chief Financial Officer John David Rainey warned Thursday that shoppers could begin to feel price increases on consumer goods as soon as next month as a result of Donald Trump’s tariffs.
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Walmart CFO says tariff rates are still 'too high' and the retail giant can't predict how shoppers will respondPresident Donald Trump's shifting trade policy is causing headaches for America's largest retailer. While Walmart CFO John David Rainey welcomed the recent reduction in tariffs, he said the ...
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Walmart’s warning of higher prices puts spotlight on ‘RIM accounting’ practice favored by big retailersOn its latest earnings call, CEO Doug McMillon and CFO John David Rainey warned that the company cannot absorb all the cost increases resulting from President Trump’s tariffs, even after some ...
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