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Walmart is placing its holiday bets on higher income shoppers this year

Business

Higher income shoppers are making up the bulk of customers driving market share gains for one of the nation’s largest retail behemoths, the Washington Post reports.  Shoppers from households earning more than $100,000 made up 75% of Walmart’s market share gains in the third quarter, chief executive Doug McMillon said Tuesday during the company’s third-quarter […]

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