Walmart (WMT), Amazon (AMZN), and T.J. Maxx owner TJX (TJX) have been increasing their market shares in the tariff economy by offering shoppers good deals, Sarah Nassauer and Natasha Khan of The Wall Street Journal reports. Walmart has kept price increases to a minimum by absorbing much of the tariff costs while TJX is buying excess inventory other retailers ordered ahead of the tariffs and now need to unload. Meanwhile, Amazon improved its delivery network to send packages faster and cheaper.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT:
- Walmart’s Strong Market Position and Growth Potential Justify Buy Rating Despite Earnings Miss
- Walmart Reports Strong Revenue Growth Amid Challenges
- WMT Earnings: WMT Stock Wilts as Q2 Earnings Miss Forecasts
- Closing Bell Movers: Intuit, Workday fall after results; Ross Stores higher
- Market Wrap: U.S. Stocks Fall Ahead of Fed Chair Powell’s Jackson Hole Speech