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Walmart to Report Earnings Amid New CEO, $1T Market Cap

Bloomberg
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Quantum News · Media Library

New CEOs often arrive with a mandate to turn a company around. Walmart’s John Furner is taking the helm with another daunting challenge: coming in at a high point. The world’s largest retailer is seeing strong growth from newer, wealthier customers and is benefitting from success in e-commerce, contributing to the big box giant's recent rally that pushed its market capitalization past $1 trillion. Dana Telsey, Founder, CEO and Chief Research Officer of Telsey Advisory Group, joins Bloomberg Businessweek Daily to discuss. She also weighs in on the state of the US consumer, brand loyalty and discretionary spending patterns, who is winning customers in the athleisure space, and more. Telsey speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

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