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Apparel Did Well in Walmart’s Rosy Q3

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Walmart Inc.’s strong third-quarter results bested Wall Street estimates, and strong October sales position the mass merchant for a solid fourth quarter and holiday season. In a Nutshell: President and CEO Doug McMillon noted consumers’ accelerating shift to e-commerce during Tuesday’s quarterly conference call. “Our e-commerce and omni-penetration continues to rise,” he said, adding that…

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