Walmart has announced plans to lay off 1,500 corporate employees, part of what it calls a restructuring as it weighs plans to raise prices amid Trump administration tariffs.

"Walmart’s price increase will make it easier for other retailers to follow suit,” said Neil Saunders, managing director of retail at the analytics at GlobalData Plc.

President Donald Trump has ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

Trump has repeatedly claimed foreign nations will cover the tariffs, but Walmart has already started to raise prices in response to Trump's tariffs.

Home Depot is eschewing price hikes related to tariffs as President Trump warns companies against raising consumer prices.

President Donald Trump's tariffs are widening the gap between market-leader Walmart and Target, the companies' latest quarterly reports show, underscoring missteps at the smaller U.S. retailer amid economic uncertainty.

Walmart has a seemingly endless supply of affordable sets, many of which we've spotted on sale. Our latest find is the Hig 8-Piece Comforter Set that's currently $45, which is a 55% discount from its original $100 price tag.

Walmart opened the door for retailers to hike prices over tariffs, but Home Depot doesn't plan to. Digging into each business helps explain why.