Walmart to raise prices amid tariff pressures despite strong Q1...

Walmart to raise prices amid tariff pressures despite strong Q1 sales performance

Posted

Walmart's first-quarter profit dipped despite strong sales, prompting the retail giant to raise prices due to tariff-related costs from President Trump's policies. While revenue increased, the company acknowledged challenges and expects gradual price increases, already initiated in April and May. Despite efforts to mitigate costs, tariffs on Chinese goods and other imports are impacting prices across various merchandise categories.

Read Full Article

Effettua l'accesso per mettere mi piace, condividere e commentare!

National

PM Oli to inaugurate Sagarmatha Sambaad focused on climate crisis

KATHMANDU: Prime Minister KP Sharma Oli is set to inaugurate the inaugural Sagarmatha Sambaad at...

By 0 6

Sports

Italian Open: Sinner demolishes Ruud as Gauff battles into Rome final

Jannik Sinner dominated Casper Ruud at the Italian Open, securing a semi-final spot with a...

By 0 14

International

Court protects Indian student in US from deportation over minor traffic violation

Priya Saxena, an Indian PhD graduate in South Dakota, has been granted a preliminary injunction...

By 0 25

International

Family of Black man fatally shot by Washington sheriff's deputy settles lawsuit for $3.5 million

The family of Jenoah Donald, a Black motorist fatally shot by a Clark County deputy in 2021, has...

By 0 25

National

Initiatives underway to repatriate Nepali workers stranded in Saudi Arabia

KATHMANDU: The Nepali Embassy in Saudi Arabia has launched efforts to repatriate Nepali workers...

By 0 32