Walmart’s business model pretty much from day 1 was to have among the lowest prices, and a reasonable profit margin.
Seems that, these days, settling for a reasonable profit margin is “Communism”. I saw a report on the wire today that retail sales, ex-autos, were up 0.6%. WalMart’s sales were up 3%, same number of transactions, but the ticket went up 3%. They are raising prices, but, apparently, not gouging the daylights out of their customers.
Steve