Walmart Keeps Picking Up More High-Income Customers

Key TakeawaysHigh-income households are shopping more at Walmart, with its delivery services and membership programs helping drive the growth. CEO Douglas McMillon is optimistic the trend may last "a long time."Food sales grew rapidly, the company said, with many delivery and curbside pickup orders containing gluten-free products and grass-fed beef. Walmart keeps hoovering up high-income households. Walmart (WMT) took market share from food and general merchandisers because it’s pulling in so many big earne ...