Walmart increases grocery discounts amid economic headwinds

Walmart, the nation’s largest private employer, has increased the number of discounts it offers, especially in its grocery business, as it looks to offset the impact of tariffs and attract shoppers. In its second-quarter earnings report, the retail behemoth said it offered more than 7,400 "rollbacks," or discounts, during the three-month period ending in July. Walmart also provided 30% more grocery discounts compared to a year earlier. Not only is the company contending with tariffs, which it warned would f ...