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Retail as a whole has split into economy and luxury. Brands serving the middle struggle. Since Walmart is tough to compete with on economy pushing most traditio
by conductr 4y ago
Retail as a whole has split into economy and luxury. Brands serving the middle struggle. Since Walmart is tough to compete with on economy pushing most traditional stores towards luxury. They’ve also seen the growth at Whole Foods and such in an otherwise low growth, low margin business. I think Walmart is just constantly experimenting and their overall strategy is to be the economical choice.