Walmart amp articles
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WALMART Sales Surge as Wealthier Shoppers Flock to Retailer
WALMART Sales Surge as Wealthier Shoppers Flock to Retailer (Second column, 12th story, link) Related stories:AMAZON Warehouse Workers Say They Struggle to Afford Food, Rent
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Walmart CFO: Shoppers Replacing Fast Food With Groceries
Walmart’s grocery business is reportedly benefiting from the high price of fast food. The retailer’s chief financial officer, John David Rainey, told CNBC Thursday (May 16) that it’s “roughly 4.3 times more expensive” to buy a meal at a quick-service restaurant (QSR) than it is to purchase the ingredients needed to make a meal at home. “And that’s […]
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Walmart Q1 Earnings Continue Its Connected Economy Evolution
Walmart reported better than expected Q1 earnings as it continued to detail adjustments to its traditional price-driven business model.