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Walmart CEO Doug McMillon is a rare beacon of confidence amid tariff woes—and sees a chance to grab market share

Fortune LogoFortune6d ago

Walmart CEO Doug McMillon is a rare beacon of confidence amid tariff woes—and sees a chance to grab market share - Fortune

Quick Summary:

"Nothing about the current environment impacts our confidence in our business or our strategy," McMillon said at the company's Investor Day.

Walmart's goal is to be able to deliver e-commerce orders to 95% of U.S.households in less than three hours within a few years.

And with its focus on everyday essentials, rather on discretionary expenses that consumers can delay, Walmart is positioned to take additional market share from many competitors.


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Article Details

Author / Journalist: Phil Wahba

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 14:06:11 (6 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 121 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27757737

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 47 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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  • URL: https://chronographically.beamstart.com/news/walmart-ceo-doug-mcmillon-is-17442098508594

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