Walmart Inc (NYSE:WMT, ETR:WMT) and Amazon.com Inc (NASDAQ:AMZN) are facing criticism from the White House over their responses to new global tariffs, with President Donald Trump accusing large retailers of using the tariffs as an excuse to raise prices. Critics of Trump's trade strategy argue the situation is self-inflicted, stemming from policies his administration implemented, according to a...
Walmart (WMT 0.62%) and Target (TGT -0.79%) both survived the retail apocalypse that wiped out many brick-and-mortar retailers over the past 15 years. Both of these superstore chains kept growing by staying away from dying malls, renovating their stores, expanding their e-commerce marketplaces, and using their brick-and-mortar stores to fulfill online orders.
Last year, Walmart (WMT 0.62%) soared 71.9%, making it one of the best performers in the S&P 500 and the second-best performing component in the Dow Jones Industrial Average (behind only Nvidia).
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