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Walmart Raises Outlook on Strong Spending
Walmart raises outlook as consumers spend more on nonessentials, order more deliveries
Walmart, a key indicator of U.S. consumer sentiment, surpassed Wall Street expectations and raised its full year outlook as more shoppers bought discretionary items.
Walmart’s stock approaches a record as sales beat again and outlook raised
Tuesday trading, after the retail giant extended its streak of earnings beats and raised its full-year outlook, citing strength in e-commerce and as in-store volumes grew. Walmart’s U.S. business saw general-merchandise sales turn positive — a sign that consumers are buying discretionary items again.
Walmart Raises Outlook on Strong Spending From Value-Seekers
Walmart Inc. boosted its outlook for the year on strong demand from US consumers searching for value, driving shares up 4% in premarket trading in New York.
Walmart sees higher-income shoppers
Walmart Sees ‘Momentum’ Ahead of Holiday Shopping Season
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.
Walmart is seeing growth in higher income shoppers, retailer says
Walmart may have started out as a retailer geared to budget-sensitive consumers, but its customer base is continuing to grow, thanks to more affluent shoppers. The retailer saw share gains in new shoppers across income levels mainly led by upper-income households,
Walmart sees higher-income shoppers as a key to holiday sales growth
Households earning more than $100,000 made up 75 percent of its Walmart’s market share gains in the third quarter, chief executive Doug McMillon said.
2d
‘What do you mean?’ Woman puts in grocery order at Walmart. Then she claims they ‘took’ her money
When she asked for clarification, Hartness said a worker told her to cancel her order because Walmart’s “system was down” ...
Bisnow
7d
Amazon Plans Grocery Delivery Platform To Rival Walmart, Kroger and Target
The online sales juggernaut hopes to combine fulfillment networks for its business and stores into a single delivery platform ...
Talk Business
1d
Online grocery sales up 28% in October; grocery delivery sets a record
U.S. consumers spent $10.5 billion for online groceries in October, up 28% from a year ago, according to the Brick Meets Click/Mercatus shopper survey. October’s monthly sales set a ...
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