4 Charts to Know: Wal-Mart Heirs Gain $12 Billion

4 Charts to Know: Wal-Mart Heirs Gain $12 Billion

Assessment

Interactive Video

Business

University

Hard

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Walmart reports record sales and profit growth, outperforming competitors like Target and Amazon. The company's e-commerce sector shows significant growth, with sales doubling those of Target. Despite Target's struggles, Walmart's outlook remains positive, contributing to a substantial increase in the Walton family's net worth. The US retail sector shows steady growth, with consumer spending driving 70% of GDP.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the performance of Target compared to Walmart in terms of same store sales?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the recent retail sales data have on consumer sentiment?

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