Lady Shopping in Wallmart

Walmart Is Doubling Down on ‘Rollbacks’ As Inflation Pushes Prices Higher

Inflation is driving up prices of items from soda to diapers, but Walmart said it is putting more of its merchandise on sale. Walmart U.S. CEO John Furner said on an earnings call Tuesday that the retailer had about 30% more discounts in stores in the first quarter than the same period a year ago. He said it plans to continue to dangle deals and widen price gaps to stand out from competitors.

 

 

Photo Credits: Getty Images/Bloomberg/Patrick T. Fallon

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