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
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