Walmart CFO John David Rainey told FOX Business that the company won't be immune if President-elect Trump pursues a tariff on ...
Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be ...
Walmart is the latest company to signal price hikes may be on the way if Donald Trump makes good on his tariffs promise.
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.
Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will go up for ...
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.” ...
More than 50% of Walmart’s fulfillment center volume is automated, twice as much as this time last year, Walmart CFO John ...
He has proposed a 60% tariff on goods from China — and a tariff of up to 20% on everything else the United States imports. To ...
Walmart isn’t the only store to suggest that prices could rise. Per CNBC, Lowe’s CFO Brandon Sink said that “about 40% of the ...
Trump repeatedly pledged on the campaign trail that he would lower runaway costs for American households by implementing ...
A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to ...
Households with six-figure incomes are driving sales growth at famed value retailer Walmart. America’s largest ...