Valley Stream, New York 2021-02-22 13:19:56 –
New York (AP) — Wal-Mart is raising wages for 425,000 of the 1.5 million U.S. workers this year as the U.S.’s largest retailer responds to the massive industry changes accelerated by the pandemic. Has invested $ 14 billion to speed up its distribution network.
Walmart Inc. reported Thursday’s fourth-quarter performance was mixed. It went into the red due to pandemic-related costs and the sale of the Japanese and UK divisions. However, sales surged 7.4% during the period, including the important holiday shopping season. Sales at opened stores increased 8.6% from 6.4% in the previous quarter.
779 new coronavirus cases, 8 additional deaths reported in SC Source link 779 new coronavirus cases, 8 additional deaths reported in SC