Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Walmart, Macy’s Test Investors’ Patience in Chasing After Amazon

Join the U.S. Cotton Trust Protocol webinar on July 15 at 11 am ET to learn about the findings of a COVID-19 and sustainability survey and how the protocol aids better transparency and reporting.

For many U.S. retailers, sales growth is back. But it’s coming at a cost. Companies from Walmart Inc. to Macy’s Inc. have made heavy investments to keep pace with the likes of Amazon.com Inc. It showed in the retailers’ bottom line last quarter, sending shares slumping despite strong sales. “It’s short-term pain for long-term gain…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!