Walmart Joins $1 Trillion Club
Walmart’s market cap surpassed $1 trillion on Tuesday, putting the largest U.S. retail chain in an exclusive club dominated by tech groups. Bloomberg adds: The Bentonville, Arkansas-based chain – a longtime favorite of bargain-hunting consumers – has flexed its massive scale and supplier network to keep prices low and grab market share across the income spectrum. While Walmart has maintained its appeal to households … ⌘ Read more