Walmart, Sam's Club Cutting Prices; Trump Says He Sought Changes
Dow Jones
Jul 07
1728 ET - Walmart and its Sam's Club business are lowering prices on thousands of products including ground beef, soda, snacks, and ice cream. President Trump initially announced the changes in a post on Truth Social, saying the company had cut prices at his administration's request and calling it a "truly patriotic Company who loves the U.S.A." Walmart confirmed the price cuts shortly after, but made no mention of the administration's involvement. "Customers count on Walmart to deliver the value they need every day, and summer is no exception," Walmart Executive Vice President and Chief Merchant Julie Barber says. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
July 06, 2026 17:29 ET (21:29 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.