Households earning more than $100,000 are driving sales growth at famed value retailer Walmart.
Thousands of people woke up without power Wednesday after a so-called "bomb cyclone" brought damaging wind gusts to the region.FILE - A customer shops in a Walmart Supercenter on February 20, 2024, in Hallandale Beach, Florida.
“Households earning more than $100,000 made up 75% of our share gains,” McMillon said on the call. “In the U.S., in-store volumes grew, curbside pickup grew faster, and delivery sales grew even faster than that.”Walmart’s Chief Financial Officer John David Rainey said general merchandise and consumables were “deflationary” in the quarter, while food saw low single-digit inflation.
“Where businesses can do well these days is where they're providing either the perception of value or actual value,” Hamrick said. “And Walmart has always been regarded as being hyper-focused on value.”Surveys from The Associated Press And 39% of voters said the economy and jobs were the top issues facing the country. That was the top answer among a list of issues that included immigration, abortion, crime and climate change.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JBL's Partybox Bluetooth speaker is on sale for $100 off right now at WalmartGet ready for holiday parties with this speaker and light show in one from JBL.
Read more »
This popular outdoor patio heater is more than $100 off at Walmart right nowWalmart is offering some incredible deals in their ‘Flash Sale’ section on patio heaters and fire pits.
Read more »
This 24-inch gaming monitor is under $100 at WalmartWalmart has a fantastic deal on an Onn. 24-inch FHD gaming monitor so it's down to just $99. Here's why you need it in your life.
Read more »
This GoPro camera is $100 off at Walmart todayIf you’ve been shopping around for a great camera deal, look no further than the GoPro Hero 12 at Walmart. Buy today and save $100 while supplies last.
Read more »
Black Friday deal: Walmart has 22-piece Beautiful by Drew Barrymore cookware set for $100You can grab a 22-piece cookware set from Drew Barrymore’s Beautiful line for only $98.
Read more »
Ohio receives $100 million boost to combat opioid use, overdoses: How much will Cuyahoga get?A number of communities across Ohio will receive funding to fight opioid use and overdoses.
Read more »