Walmart produced its fastest sales growth in a decade - a sign that the retail giant is still not ‘Amazon-ed’!
Digital sales of Walmart soared +40%, while total store sales increased +4.5% in three months ending July. Walmart's Sam's Club warehouse unit experienced same-store sales growth of 5% - a six-year high.
With sales going strong, it seems the retail behemoth is still far from losing ground to Amazon even after the latter’s acquisition of grocery chain Whole Foods.