The world's largest retailer — like many others — has been absorbing most of the increased costs, but raising prices of some goods. n.pr/477XqRS
The world's largest retailer — like many others — has been absorbing most of the increased costs, but raising prices of some goods. n.pr/477XqRS
Their profit margin is up from 2.63 to 2.75% over 2024’s as of April…I guess they chose to pass the expense on to consumers, even though they are one of the largest employer of welfare benefits recipients in America and don’t pay enough.
No, they’re not absorbing the tariffs. Hubby bought a dremel tool kit. It didn’t work. No exchanges, only refunds. Ok. Got a refund and got on line to buy another one the next day. It was $100 MORE! I called and complained and she said tariffs were causing daily increases.
Check the price of coffee lately?
Saying Walmart is absorbing most of the increased costs is misleading. Not increasing prices decreases profits & therefore dividends to shareholders who in turn inject less into the economy. Adversely affects wage increases, bonuses for workers & new hires. Less to spend on maintenance & expansion.
Actually wish they’d stop absorbing so people would see what’s happening. They will only realize how bad things are when it hits their pockets.
The fact they can absorb anything shows how much they've been price gouging up to this point already.
Remember all those campaign signs along the roads, "Harris/High Prices--Trump/Low Prices" ?? Yeah how's that working for everybody now????
Walmart owners heavily donated to Trump’s campaign. They should be eating up the tariffs since they helped him get elected. They’re getting what they voted for.
They just say they did, and NPR repeats it like good little stooges.
Are we winning yet?
who could have seen this coming?
Just add a few lines to every receipt: Total before Trump tariffs. Trump tariffs. Total after Trump tariffs. The greatest idiot economist in the world should be proud of his tariffs. Instead, he hides. And the media and retailers do nothing to expose his incompetence, making them complicit cowards
Tacos Tariffs are a disaster. Tariffs have been a repudiated economic and political policy since at least 1890.
Trump said prices would be reduced when he became president. Prices have gone up and up.
Never trust a guy about economics if he’s bankrupted a casino. Let alone three.
The problem with this is that Walmart is large enough to weather the storm but other retailers are not going to be able to subsidize Trump's tariffs and will either have to raise their prices to an uncompetitive level or go out of business. And once the other businesses are gone, guess who's left?
I have never and will never step foot in a Walmart store! I’ll go dumpster diving first.
And to think, in 2024 a majority of people were trying to openly tell everyone that this would actually happen. The Waltons. Billionaires, heavily enthralled within the Republican Party and donate accordingly, voted for their best interests, the top 1%. Why?
Because they’re laughing all the way to the bank.
If that's not the consequences of your actions? We're fracked but you're fracked together, with us. Congrats in not voting for sane people, USA.
Frog boiled in the pot.
Well duh.
I LUV this for maga
I am now calling Walmart "Maga•mart".
Weird. Under Biden, they took full advantage of raising prices because everyone else was, now under Trump, they’re absorbing costs due to Trump’s nonsensical tariffs.
Never happened in a billion years. They're lying about not raising prices. Maybe they absorbed some, but prices there have done nothing but go up.
What I’m hearing is they could have had lower prices this whole time and still made a huge profit.
Well, there is a point where they're going to lose customers because we can't afford some of those costs. People still haven't figured out that tariffs are taxes WE pay.
how, exactly, will they lose customers? where will they go that would/could be cheaper?
I hear Target is needing customers these days 😉
Even more expensive, kind of a moot point.
Where I live, in rural Pennsylvania, the median income is somewhere between $25k and $35k. While they may "absorb costs," it will drive people to look for alternatives. (Like theft.) While I have the alternative of local farmers markets, that isn't a country-wide option. This isn't a gotcha.
i wasn't looking for a 'gotcha' i was earnestly asking... and i don't see how a local farmer's market (not an option here) is a solution to higher prices...they're far more expensive than chains
yall ready for the Fall Shitshow after The Long Hot Summer?
Taco going to extra tariff them for saying that!
Maybe they feel guilty for not lowering their prices after Covid?😬
So they only make 1 billion in profit while screwing over the desperate workers? No pity
Yes and no! On some items, the show a reduced price but a massive charge for shipping. You can only assume that shipping amount includes the tariffs.
Already seeing it. Grape tomatoes were $2.99 for a while. Maybe a year or two in our area. This week, $3.49.
Shock, Trump lied!
Bullshit. I have to shop there despite my revulsion. And I can testify that their prices go up week by week, moreover, they use surveillance pricing to try to squeeze every last penny out of customers who order online like I do because I need curbside delivery. NPR, you literally suck.
😂🤣
Up! Prices Jobs Down Umm...
Don't Dead Open Inside
Please Walmart put on our receipt the cost of the tariffs, like the taxes.
The shell game can only go on for so long. Trump's tariffs are a tax on the consumer whose negative effects are only going to worse over time.
More generally, according to a Goldman Sachs estimate, the part of the tariff costs that American will absorb may go up to 67%:
"A report Goldman Sachs economists published over the weekend estimated Americans “absorbed 22% of tariff costs through June,” but that this share will rise to 67% by October if tariffs “follow the same pattern as the earliest ones.”" – CNN
Sure they have. Quit posting press releases, NPR, do some real journalism.
Literally just watching my grocery bill Increase for less and less food. What a great time to be an American!
Stop the losses
Nice to know that they can absorb costs when they so choose, but didn’t feel like helping anybody out during the last admin as we were recovering from a catastrophic pandemic.
As long as egg prices stay low, they can just rape consumers on everything else! Yay!! AND REMEMBER, this was caused solely by the Rapist in the White House.