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Walmart: the world’s largest retailer’s share price dipped last week

A week in the markets

The world’s largest retailer Walmart saw its share price dip last week after it reported increased sales, including growth in online sales, but a drop in profits.

“Our e-commerce growth accelerated, operations in the US continued to strengthen, and international delivered another solid performance. We are pleased that we can see real progress stemming from our strategic choices.”

Doug McMillon, president and chief executive, WalMart

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