Walmart faces challenges as grocery cools —

Walmart+ app in use at Exxon Mobil station on Tuesday, March 15, 2022 in Spring, Texas. (Paul Ladd/AP Images for ExxonMobil)

Walmart and other retailers are facing challenges as grocery sales cool:

Although consumers still clearly have a defensive bias, and meals are still being eaten at home, the low-margin traffic leader that grocery normally is starts to lose some of its punch, a reality that is especially poignant for Walmart, the nation’s largest retailer of groceries.

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