Walmart Inc. (NASDAQ:WMT) was praised by Jim Cramer for its strong performance in the market due to CEO Doug McMillon’s efforts to make stores more appealing while keeping prices low. Walmart’s stock rose over 23% last year, attracting cash-strapped consumers and even the upper middle class.
Walmart Inc. (NASDAQ:WMT) operates retail stores, warehouse clubs, and online platforms selling groceries, home goods, electronics, and more. Cramer commended CEO Doug McMillon for navigating through retail challenges by keeping prices low. Despite the retirement of McMillon, Walmart remains a strong player in the industry.
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Read more at Yahoo Finance: “Doug McMillon Made the Stores More Appealing While Keeping Prices Low”
