The retailer plans to raise prices this month and early this summer, when tariff-affected merchandise hits its store shelves. Some prices already have increased.

The world’s largest retailer confirms consumers should prepare for higher prices on a range of goods as import costs accelerate. Expect other retailers to follow suit.

Walmart is set to increase prices due to tariff costs, affecting consumer health in the U.S. despite achieving strong first-quarter sales. The company struggles with narrow margins and tariffs on imports but aims to mitigate impacts by working with suppliers and focusing on cost management strategies.