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Walmart CEO says sky-high food prices are causing 'frustration and pain.' Tariffs could hurt more
In Jan. 2024, inflation hit its highest level since Aug. 2023, largely due to sky-high prices of eggs ... Walmart CEO Doug McMillon during CES 2024. Walmart is thriving among wealthier shoppers ...
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Walmart CEO Doug McMillon says customers are exhibiting ‘stressed behaviors’—and it’s already tanked the company’s valuation by $22 billion
CEO Doug McMillon had just said last month he’d noticed “stressed” behavior from consumers who were more budget-constrained. Consumer confidence is waning—and it’s hurting retailers big ...