Walmart customers trim budgets — CivicScience.com

Walmart customers are concerned about their finances, with the majority cutting back on many everyday purchases:

“New CivicScience data shows that Walmart customers are feeling the strain, with 84% of its favorable consumers cutting back in at least one of the following areas. They’re most likely to cut back on full-service restaurants (45%), followed closely by fast food restaurants (44%) and travel (44%). Conversely, they’re less likely to cut back on grocery stores (29%), beauty/personal care (28%), and gasoline (20%) – however, this still represents a significant share of consumers scaling back. Though they are cutting back across many categories, they are less likely than the Gen Pop to reduce spending on clothing and shoes, presenting an opportunity for the big-box retailer.“

8th & Walton is based in Bentonville: Walmart is our neighbor! Contact us today to set up a free consultation and see what a hometown advantage can do for your company.