Reuters reveals Walmart's long-lasting challenge: Luring budget shoppers back to its stores

Business & Finance

11 August 2022, 7:38 pm. 1 minute

Reuters provided insight into how Walmart could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart Supercenter when gasoline was $5 a gallon. While gas prices have dropped nearly 20% over the past month, there are no signs shoppers are returning to the nation’s biggest retailer, according to foot traffic data reviewed by Reuters and analysts.

Article Tags Topics of Interest: Business & Finance Type: Reuters Best Sectors: Equities Regions: North America Countries: US Win Types: Impact (Long Term) Story Types: Human Interest / Feature

Media Types: Text

Source https://www.globalcourant.com/reuters-reveals-walmarts-long-lasting-challenge-luring-budget-shoppers-back-to-its-stores/?feed_id=14412&_unique_id=6303fd604b509