Opinion: Welcome to Walmart, where boring is beautiful
Inside Retail
FEBRUARY 28, 2024
In China, year-on-year sales grew by 11.3 Despite the highly promotional nature of the Chinese market at the moment, Walmart’s gross profit margin was about flat in the fourth quarter of 2022. However, retail sales have somewhat defied the odds, rising again in December by 7.4 per cent on a comparable-store basis.
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