Higher-income shoppers helped Walmart notch another blockbuster quarter. Former Walmart U.S. CEO Bill Simon suggests it could be. While attracting affluent shoppers amid high inflation and a volatile economy is easy, retaining them once economic conditions improve is harder, he cautioned.
The Dow Jones touched the milestone of 40,000 for the first time on strong corporate earnings and renewed bets for rate cuts. We have highlighted five ETFs that have been leading the way higher this year.
GREENCASTLE, Pa., May 17, 2024--Walmart associates were joined by local elected officials and community members today to celebrate the grand opening of a new 1.5 million square-foot fulfillment center 10 miles north of Hagerstown, located at 1915 Ebberts Spring Court in Greencastle. This next generation facility will enable the retailer to fulfill more orders, more quickly.