Walmart Joins $1 Trillion Club (yahoo.com)
(Tuesday February 03, 2026 @09:01PM (msmash)
from the how-about-that dept.)
- Reference: 0180726728
- News link: https://slashdot.org/story/26/02/03/1818249/walmart-joins-1-trillion-club
- Source link: https://finance.yahoo.com/news/walmart-joins-1-trillion-club-145237206.html
Walmart's market cap [1]surpassed $1 trillion on Tuesday, putting the largest U.S. retail chain in an exclusive club dominated by tech groups. Bloomberg adds:
> The Bentonville, Arkansas-based chain -- a longtime favorite of bargain-hunting consumers -- has flexed its massive scale and supplier network to keep prices low and grab market share across the income spectrum. While Walmart has maintained its appeal to households looking for value, its online offerings are drawing new, wealthier shoppers seeking convenience.
[1] https://finance.yahoo.com/news/walmart-joins-1-trillion-club-145237206.html
> The Bentonville, Arkansas-based chain -- a longtime favorite of bargain-hunting consumers -- has flexed its massive scale and supplier network to keep prices low and grab market share across the income spectrum. While Walmart has maintained its appeal to households looking for value, its online offerings are drawing new, wealthier shoppers seeking convenience.
[1] https://finance.yahoo.com/news/walmart-joins-1-trillion-club-145237206.html
A trillion (Score:3)
by Retired Chemist ( 5039029 )
I guess a trillion dollars is not what it used to be.
With Donflation and (Score:2)
by Tablizer ( 95088 )
his new inflatable Fed Reserve pal, I'll soon join the club. I'm investing in wheelbarrows.
Re: With Donflation and (Score:2)
by RightwingNutjob ( 1302813 )
Inflation is a flat tax on people who hoard money under their mattresses and in their bank accounts.
Re: (Score:2)
by ClickOnThis ( 137803 )
> Inflation is a flat tax on everyone, especially people who need to spend the majority of their paycheck to survive.
FTFY
Do their employees still need food stamps to live? (Score:2)
by ArghBlarg ( 79067 )
Not much else needs to be said. A $1T company, yet a drain on the nation.
Great for the workers (Score:5, Funny)
That kind of growth must be great for the workers in terms of salary, benefits, and quality of life.
Re: (Score:2)
> That kind of growth must be great for the workers in terms of salary, benefits, and quality of life.
At the very least, it should help employees meet the new work requirements in the "Big Beautiful Bill" to continue receiving their SNAP and Medicaid benefits.
[1]Walmart and McDonald’s have the most workers on food stamps and Medicaid [senate.gov]
[2]Walmart, McDonald's among largest employers of SNAP, Medicaid recipients [foxbusiness.com]
[1] https://www.sanders.senate.gov/in-the-news/walmart-and-mcdonalds-have-the-most-workers-on-food-stamps-and-medicaid-new-study-shows/
[2] https://www.foxbusiness.com/markets/walmart-mcdonalds-largest-employers-snap-medicaid-recipients
Re: (Score:2)
I'm sure that all the Amazon delivery contractors making $5 an hour over minimum wage feel the same way about their multi-billionaire corporate overlords. That's not just pee going into those empty water bottles under the driver's seat... it's pride!
Retirees (Score:2)
What about retirees whose investments are dependent on Walmart being efficient?