Why Walmart Is Trading Like a Big Tech Stock | WSJ’s Take On the Week

On WSJ’s Take On the Week, co-host Telis Demos talks with Aaron Back, WSJ’s Heard on the Street column editor, about the latest inflation report and what it could mean for the Federal Reserve. They also discuss upcoming earnings from Chinese tech company Alibaba and retail behemoth Walmart. Later on the show, Telis talks about all things retail with Dana Telsey, CEO and founder of Telsey Advisory Group, a brokerage firm focused on the consumer sector. They chat about what’s behind Walmart’s winning retail strategy — from its inroads with higher-end customers, affordable luxury offerings like the viral “Wirkin” bag, and its e-commerce play. They also get into what’s going on with the luxury market, including with high-end juggernaut Hermès, Louis Vuitton parent company LVMH, Chanel, Burberry, and others. Before they sign off, Telis asks Dana: What’s up with Target? Chapters: 0:00 What’s going on with inflation? 3:10 The Chinese tech stocks rally and Alibaba 4:55 What to expect with Walmart’s earnings 6:41 Introducing this week’s guest 7:27 Post-pandemic: Retail and the consumer 9:16 Walmart, the superstar stock 10:41 Walmart’s winning strategy 13:16 The “Wirkin” bag and Hermes 15:30 The luxury market 19:22 A Target comeback? This is WSJ’s Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at [email protected]. For more coverage of the markets and your investments, head to https://on.wsj.com/4fUhY0T?mod=WSJ_TO... #Walmart #Retail #WSJ