As retail gets choppy, Walmart flexes its grocery muscle, deep pockets and huge reach
As shoppers get thrifty, Walmart is flexing its muscles. Like other retailers, the company faces slowing sales as the boom of pandemic-fueled spending fades and inflation hits shoppers’ wallets. Yet, unlike many competitors, Walmart has a few key factors that could work in its favor: Most of its sales come from food, a category that shoppers need in any…
