By Siddharth Cavale (Reuters) – Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world’s biggest retailer will now try to sell them $298 cozy swivel chairs and $50 Wrangler jeans, too. Using low-cost and low-margin groceries as a draw, Walmart is adding more than […]
Why Walmart’s new bet on fashion brands, home decor threatens specialty chains
Reuters | June 15, 2023