Stock price when the opinion was issued
Costco and Walmart offer terrific private label products that appeal to consumer starved for value after products were hiked during Covid. True, private label brands aren't growing much, but they keep all prices--including consumer brands--down. The brands are one reason why Costco and Walmart keep hitting new highs.
By and large, commercial real estate landlords do consider this name to be in the grocery space. It's doing a better and better job of that. But not a pure-play grocery. He thinks of defensive, grocery-anchored shopping centres as neighbourhood, urban, smaller centres -- where you can get a haircut and do other errands that can't be done online.
Walmart today is a people-led, tech-powered omnichannel retailer dedicated to helping people save money and live better. Since Sam Walton opened the first Walmart, we have opened thousands of stores across the U.S. and internationally. Around the world, customers want the same things: value, a broad assortment of quality items and services, a convenient and enjoyable shopping experience, and to do business with a company they trust. We are on a mission to meet our customers and members wherever they are, with the things they want, where and how they want them. And although the ways we deliver these experiences is changing, and changing fast, our promise to improve the customer and associate experience is constant. Social media mentions are up 188% in the past 24h.