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Walmart now controls around 22% of U.S. grocery sales. Combined, Kroger and Albertsons would control around 13%. “We know that pricing is going to continue to go down,” McMullen said.
Walmart's dominant presence in the grocery sector remains a foundational strength. Nearly 60% of its U.S. sales come from groceries, underscoring its leadership in food retail.
As sales of doughnuts, cookies, and brownies slip, healthy snacks with protein, collagen, and fiber are muscling into the market.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look ...
The food discounts were part of 7,400 temporary price reductions during the quarter, company executives told investors.
Walmart is giving its 1.6 million U.S. workers a 10% grocery discount to ease inflation, boost morale, and stay competitive ...
Walmart expands associate discount card program to cover 95% of regularly priced store items, adding all food categories ...
Extending its holiday food discount to year-round stemmed from employee requests for simpler, more accessible perks, the retailer said.
America’s biggest private employer has extended its 10% employee discount to nearly all groceries.
Amazon led the pack in 2017 with an online grocery market share of 12.5%, followed by Walmart with an 11.1% share and Kroger with a 6.4% share, according to a 2018 Deutsche Bank report.