Coronavirus-Inspired Panic Shopping Spikes Walmart Sales 20% in March
While consumers may be letting their foot off the gas of the all-out panic shopping that marked the early days of the coronavirus pandemic, the race to stock up meant Walmart (NYSE: WMT) saw massive sales increases over the last four- and eight-week periods.
The Wall Street Journal reports internal documents show sales surged 20% during the month of March and spiked 30% since the beginning of February, compared with the same period a year ago.
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Source Fool.com
