Walmart, Dollar Stores Beat Traditional Grocers' Reach As Affordability Crunch Intensifies, Report Finds
A new report by dunnhumby indicates that mass-market retailers like Walmart and dollar stores are gaining market share from traditional grocers as consumers face tighter budgets. Walmart's customer penetration has reached 72% of U.S. households, and dollar stores now surpass warehouse clubs in visits. This shift is driven by affordability concerns, with many households experiencing financial strain and perceiving higher inflation than official data suggests.
https://www.benzinga.com/news/retail-sales/26/02/50683948/walmart-dollar-stores-beat-traditional-grocers-reach-as-affordability-crunch-intensifies-report-finds