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The Odessa

High-income shoppers drive Walmart and Dollar Tree’s growth

High-income shoppers drive Walmart and Dollar Tree’s growth
Photo: Odessa American (oaoa.com) · view original

By Emmeline Kemperyd Discount retail has a new growth engine: high-income shoppers. Deloitte reports that 1 in 4 consumers now identify as deal driven or cost conscious, including higher-income households. Walmart says most of its recent market share gains came from households earning more than $...

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