A new report from ResearchAndMarkets.com analyzes Walmart’s US sales trends and e-commerce performance from fiscal years 2019 to 2024. The report also provides estimates of Walmart’s US grocery market share from 2020 to 2025.
Walmart has seen significant growth in its e-commerce sales, with online grocery shopping becoming increasingly popular among consumers. The company’s “Dark Stores” or grocery fulfillment centers can increase operational efficiency and make offering online groceries possible for independent retailers.
In terms of consumer demographics, Walmart shoppers are often from lower-income households and may prioritize affordability over premium food characteristics. However, consumers who shop at Walmart frequently may also be interested in sustainable lifestyles and humane treatment of animals.
The report highlights the importance of convenience and sustainability in driving consumer demand for grocery products. As consumers become more health-conscious and environmentally aware, companies like Walmart are responding by investing in big data and transparency to satisfy these demands.
Overall, the analysis reveals that Walmart’s e-commerce growth is driven by changing consumer behaviors and preferences, particularly around convenience, affordability, and sustainability.
Source: https://uk.finance.yahoo.com/news/walmart-grocery-market-share-increase-144100493.html