HomeLifestyleRetailWalmart (WMT) Not Stacking Up Against Target (TGT) & Amazon (AMZN)?
Walmart (WMT) Not Stacking Up Against Target (TGT) & Amazon (AMZN)?

Walmart (WMT) has been severely outperforming the market as their grocery segment continues to expand. 90% of the U.S. population lives within 10 miles of a Walmart. “Concern over food prices has been rising significantly year-over-year as inflation looms over the U.S. economy. Also, deal discovery and holiday shopping social media mentions are up slightly year-over-year. However, Walmart is lagging behind Target (TGT) and Amazon (AMZN) in terms of purchase intent and consumer happiness. Though, the Walmart (WMT) stock price has performed better than Target (TGT) stock price recently, but that could very well change,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on Walmart slowing sales and rising costs.

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04 Oct 2022

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