Walmart posts ‘strong’ sales growth driven by omnichannel model
US retail giant Walmart has reported “strong” revenue growth in its fourth quarter as consumers shopped both in-store and online and ecommerce sales surpassed $1bn (£790m).
Walmart posted a 5.7% increase in revenue during its fourth quarter to reach a total of $173.4bn (£137.3bn), which it attributed to its ominchannel model continuing to “resonate” with consumers.
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