November 15, 2022
4 minute read
Walmart ($573B in annual sales) reported its third quarter results this morning, emphasizing its digital initiatives and strength in the grocery category.
Walmart’s expectation for a more promotional environment and its commitment to building a digitally-powered flywheel has both near-term and longer-term implications for consumer brands accustomed to competing in-store.
Read on for a summary of recent results and how to adapt to Walmart’s evolving model.
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