CNBC | As retail gets choppy, Walmart flexes its grocery muscle, deep pockets and huge reach
As retail gets choppy, Walmart flexes its grocery muscle, deep pockets and huge reach
By Melissa Repko
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As inflation cools, Walmart may have to fight some affluent shoppers’ tendency to go to other websites and stores, according to Rick Watson, CEO of e-commerce consulting firm RMW Commerce Consulting.
But, he said, grocery habits formed due to inflation could stick around, too, “If prices are good, why would you go back?”
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