Walmart, Target and TJ Maxx reported increases in sales, but shoppers are seeking out low-price items and cutting back in some categories, a potentially worrying sign for the U.S. economy.
Category: Furner, John (1974- )
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Walmart, Target and TJ Maxx Attract Shoppers Squeezed by Energy Prices
The retailers reported increases in sales, even as higher fuel costs drove up the cost of everyday goods.
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Walmart Expects Growth Streak to Continue as New Chief Takes Over
Shoppers are turning to Walmart to stretch their dollars, but an uncertain economy and trade tensions will test the retailer’s new executive team.
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Walmart C.E.O. Doug McMillon to Step Down
The chief of the company’s U.S. business, John Furner, will take over on Feb. 1.