Walmart keeps posting strong earnings, driven in part by gains among higher-income shoppers.
Bit by bit, Walmart is looking more like Target, and that should terrify the smaller rival.
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The Bentonville retailer on Thursday reported a solid 6% year-over-year improvement in first-quarter sales, with profits growing even faster.
Persons:
—, Doug McMillon
Organizations:
Walmart, Service, Business
Locations:
Bentonville