Walmart Wants to Fight Off Supplier Price Increases
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
Consumers just scored a valuable ally in the fight against inflation: Walmart.
As inflation continues to eat into consumer discretionary spending, the big-box king -- long a formidable price negotiator -- is going to war with suppliers over price increases, according to a new report from Bloomberg. It's Walmart's take on monetary policy.
Source Fool.com
Walmart Inc. Stock
€70.74
-2.440%
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
With a target price of 74 € there is a slightly positive potential of 4.61% for Walmart Inc. compared to the current price of 70.74 €.
