Some retailers, including some Walmart stores, are only accepting credit or debit cards, because they don’t have enough coins to make change.
How long will Walmart’s coin shortage policy last?
As the coin shortage is nationwide, Walmart doesn’t know how long this policy will be in place. “Like most retailers, we’re experiencing the effects of the nation-wide coin shortage,” Avani Dudhia, a spokesperson for Walmart, said in a statement (via KXTV ).
A growing number of businesses, including Kroger, Walmart, and CVS have had to stop giving change in coins.
At the same time, stores like Walmart and Costco are limiting how much milk customers can buy due to shortages.
One of the next things we wondered was, is there a shortage of groceries at Walmart?
Grocery shoppers have been vocal about all the shortages they are seeing on shelves right now, and employees are joining in. Taste of Home recently asked its Facebook followers which items are hard to find right now, and thousands of people commented, many of which called out Walmart for having several shortages.
Why is Walmart so cheap right now?
Walmart U. S. CEO John Furner said the company’s size and mix of merchandise, from apparel to consumer electronics, allows it to push down prices. Inflation is driving up prices of items from soda to diapers, but Walmart said it is putting more of its merchandise on sale .
Walmart said Thursday that prices for shoppers will go up due to higher tariffs on imports from China as the world’s largest retailer reported its best comparable sales growth for the first quarter in nine years. Walmart shares, which have gained 7% so far this year, rose 2.4% to $102.30 in pre-market trade.
Inflation is driving up prices of items from soda to diapers , but Walmart said it is putting more of its merchandise on sale. Walmart U. S. CEO John Furner said on an earnings call Tuesday that the retailer had about 30% more discounts in stores in the first quarter than the same period a year ago.
Plus, he said, Walmart’s new revenue streams, such as its growing advertising business and third-party marketplace, give it more flexibility to reduce prices without hurting its profits ., mc Millon on the earnings call Tuesday recounted a memorable lesson about the power of low prices early in his career.
Why did Walmart’s earnings beat expectations in Q3?
Walmart reported better-than-expected fiscal Q3 earnings as high inflation spurred more customers to seek out its discount prices . Walmart earnings per share rose 8% to $1.45 with revenue up 4.3% to $140.5 billion. It beat analyst views on both the top and bottom lines.
Does Walmart accept cash or cards?
While Walmart still accepts cash , some self-checkout registers are now only accepting cards. Some stores are also converting registers to card-only, which means your wait in line may be longer if you plan to pay in cash at Walmart. Walmart isn’t the only major chain being affected by the coin shortage .
Is supply chain disruption to blame for all that milk going to waste?
Supply chain disruptions are to blame for the thousands of gallons of milk going to waste.
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