Latest Doug McMillon News

Major retailers are offering summer deals to entice inflation-weary shoppers

May. 27, 2024 19:59 PM EDT

NEW YORK (AP) — Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather. Major retailers are stepping up discounts heading into the summer months, hoping to entice inflation-weary shoppers into opening their wallets. ...

Walmart's strong first quarter driven by consumers seeking bargains with inflation still an issue

May. 16, 2024 13:09 PM EDT

NEW YORK (AP) — Walmart Inc. reported another quarter of strong results Thursday as its low prices pull in shoppers scouring for discounts with inflation stubbornly high. The nation's largest retailer, based in Bentonville, Arkansas, also offered an upbeat outlook. Share rose more...