Thursday, April 1, 2010

Walmart Grocery Sales Up

The retailing giant has drawn half of its U.S. sales from groceries for the first time in the store's history, reports the Wall Street Journal. Writes reporter Karen Talley, "The drive to offer more groceries is appealing to certain retailers, especially as consumers are still a bit skittish about discretionary purchases. Target Corp. is making a big push into groceries by converting existing stores to sell food and incorporating fresh produce and food at newer ones."

Do you think that Walmart will continue to lead other retailers in their grocery offerings? When the recession ends will they still reign?

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