Consumer spending has largely stayed strong so far and the pinch from higher duties hasn't been as severe as some companies had feared.

Walmart is reporting higher profits and sales as it pulls in shoppers seeking low prices for groceries and other essentials.

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America analyst Robert Ohmes said in a report this week.

Walmart said its tariff-related price increases were limited to 10 percent and the company was absorbing the rest of the costs

Walmart has minimized price increases by absorbing much of the cost of tariffs. 🚚 Amazon has improved its delivery network, helping get packages to customers faster and more cheaply. 🤝 T.J. Maxx own

Walmart increases discounts with more than 7,400 rollbacks and 30% more grocery discounts in the second quarter, driving 4.6% same-store sales growth amid economic uncertainty.