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November 15, 2019

Walmart offers holiday cheer as traditional peers struggle

  • The company's current success underscores how retailers that offer low prices and convenient shopping options are holding strong with consumers.
  • By ANNE D'INNOCENZIO
    AP Retail Writer

    NEW YORK — Walmart is offering some holiday cheer heading into the crucial Christmas shopping season even as many of its traditional peers struggle.

    The nation's largest retailer raised its annual profit expectations on Thursday after reporting strong third-quarter results helped by its grocery business.


     
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