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Wealthier shoppers turn to Walmart for groceries

Por: CNN Business November 15, 2022

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New York CNN Business  —  Wealthier customers pinched by inflation are switching to Walmart for groceries, boosting sales at America’s largest retailer. Walmart on Tuesday reported annual US sales growth of 8.2% last quarter at stores open for at least a year. The results beat Wall Street analysts’ expectations, pushing Walmart ’s stock up around 6% during pre-market trading Tuesday. “Although times are tougher, consumers’ desire... + full article



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