Walmart wins over broader swath of consumers, but global uncertainty clouds outlook for retailers

Walmart delivered another strong quarter of sales as the discounter’s speedy deliveries and low prices served as a magnet for shoppers across the income spectrum. But the Bentonville, Arkansas-based discounter offered outlook amid so much economic uncertainty. Walmart has resonated with many Americans who are carefully considering where they spend money because of inflation and how the company performs is considered a barometer of consumer spending given its vast customer base. More than 150 mil...