Walmart CFO issues warning over price hikes – but reveals policy shift for shoppers that will combat ‘stubborn’ costs

WALMART’S CFO has warned shoppers of a hike in prices – but hopes a policy shift can combat the jump. The company is braced for inflation to continue as shoppers stick to essentials like groceries and lightbulbs. 3 Consumers are proving to choose Walmart for their budget-friendly shopping amid inflation Credit: Getty 3 Walmart CFO John David Rainey explains the company must be wary due to the unexpectedness of inflation Credit: Walmart Walmart CFO John David Rainey, 49, said during an earnings call Tuesday that food inflation is “the most stubborn of all the categories.” POLICY SHIFT A policy shift… Read Full Article