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Walmart Draws Affluent Shoppers Amid Inflation, CEO Says

Nation’s Biggest Retailer Expands Supply Chain With New Automated Consolidation Center
Walmart says its market share in the grocery sector is increasing. (Walmart)
Walmart says its market share in the grocery sector is increasing. (Walmart)
CoStar News
August 16, 2022 | 8:45 P.M.

Walmart, the nation's largest retailer, on Tuesday reported better-than-expected results for the second quarter as even middle- and higher-income shoppers came to its stores to try to beat record inflation.

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