Reported about 1 month ago
Walmart continues to dominate the retail competition against Target, attracting higher-income shoppers while maintaining lower grocery prices. Despite Target's initiatives to cut prices and boost foot traffic, Walmart's sales increased by 4.3% in the latest quarter, compared to Target's decline of 2.0%. Walmart's e-commerce and advertising revenue are also thriving, positioning it favorably for the upcoming holiday season as consumers prioritize value.
Source: YAHOO