Walmart responds to Trump's directive to 'eat tariffs'
Digest more
7h
Soy Nómada on MSNTariffs hit Walmart, but backlash may sting moreWalmart faces mounting pressure from tariffs, boycotts, and changing consumer behavior, putting its market position and public image to the test.
The organizer's of the boycott have accused Walmart of "crushing small businesses" and underpaying its employees.
A nationwide spending boycott against Walmart starts May 20. Here's how long it lasts, why it's happening, and where you should shop instead.
Although it's up 50% over the past 12 months, Walmart's P/E multiple is significantly lower than Costco's. And by focusing on essentials while also having strong growth opportunities ahead in multiple areas, it can make for the better buy in both the short and long terms.
Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before,