Question
Economics how the CEO of walmart, Doug McMillion, is working to improve their numbers after having a disappointing first quarter on wall street. The company
Economics
how the CEO of walmart, Doug McMillion, is working to improve their numbers after having a disappointing first quarter on wall street. The company held a hometown bash for the first time since the pandemic in Arkansa meant to boost employee morale, where Mr. McMillion talked about the stuggles of inflation and priased employees on thier work and dedication throughout the pandemic. The shareholders meeting tradtionally occurs at the same time as this event. He says he is working with suppliers to cut back prices where possible, as well as watching current consumer behavior to be able to be conduct business more efficently. Walmarts stock saw it's worst day this May since the last 35 years, with a 13% drop this year. A lot of this is becuase the cost of gas and freight has negatively impacted profit margins.
This article disucess how inflation affects a major company, Walmart, showing how trully all are impacted. It discuessed how the company plans to combat inlfation and continue to provide a wide selection of products for all class levels at low prices.
can you please help me to respond this blog
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