Walmart has hired 200,000 additional employees to clean stores, stock shelves and fulfill online orders during the pandemic.
It's had higher expenses, though, too, including more than $935 million in bonuses for employees so far this year.Al Bello | Getty ImagesThe big-box retailer has kept stores open as an essential retailer during the Same-store sales are expected to be up 7.2% in the U.S., according to StreetAccount consensus estimates.
Walmart had a surge in sales in the early weeks of the pandemic as customers stockpiled groceries, hand sanitizer and toilet paper. Instead of going to stores, customers turned to online shopping, with many buying different kinds of items — such asThe big-box retailer is the largest private sector employer in the U.S. It initially, but later increased that to 200,000.
SEEING IS BELIEVING. Demand for home cleaning products looks to be stronger than replenishment. Shopped Poway Walmart 2-days ago for cleaning supplies only to spot empty shelves galore in aisles w/ 2-item limit per customer. Felt like I struck gold w/ 'out of place' item finds.
A V shape recovery is happening. The market is a fraud. It's being artificially held up by the Fed. When you see gold and the stock market going up at the same time there is a serious issue with the free market. Buy anything and it'll go up. trash
Supposed to be a strong one due to Covid19
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