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WALMART SALES STILL SURGING, BUT A CHILL MAY BE ON THE WAY

Walmart is raising wages for 425,000 of its 1.5 million U.S. workers and is investing $14 billion this year to speed up its distribution network as the nation’s largest retailer navigates vast industry changes that were accelerated by the pandemic.

Walmart Inc. reported a mixed performance Thursday for the fourth quarter. It swung to a loss partly due to costs related to

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