Walmart, the world’s largest retailer, is still shielding customers from most of the price increases spurred by President Trump’s tariffs on an array of overseas goods, including shipments from China.
While the Bentonville, Ark.-retailer acknowledged charging more for some merchandise, which pushes total bills at the checkout counter higher, “we’re not seeing a great deal of inflation,” Chief Financial Officer Brett Biggs told investors on Tuesday. “I would call it fairly modest at this point when you look at what we’re doing from a pricing perspective.”
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.