Los Angeles Times |
Walmart Q2 hit by price cuts, e-commerce spending
Retail Dive Walmart on Thursday said that its second quarter gross profit margin decreased 11 basis points to 25%, with price reductions in key markets and the growing mix of its e-commerce business hitting the gross margin rate. Total revenue in the quarter rose ... The One Secret to Walmart's Rebirth Walmart Continues E-Commerce Upsurge In Q2, But The Store Is The True Winner |
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