Walmart’s revamped stores retain affluent shoppers — CoStar.com

Walmart’s effort to spruce up its stores is part of an ongoing plan to attract and retain higher-income shoppers:

“Walmart doesn’t want to lose those more affluent patrons and is trying to coax them into also buying higher-margin discretionary items at its stores, CEO Doug McMillon told Wall Street analysts Tuesday during a fiscal fourth-quarter earnings call.“

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