Inflation is raising prices in time for the holidays. Based on the numbers announced by the government, inflation has hit a 31-year high. The consumer price index reached 0.9% in October. Walmart is closing the price gap with Amazon. With all the developments in today’s world of business, it’s vital to work with a payment expert that can help you with the best merchant service providers in the country.
Walmart IsClosing the Price Gap With Amazon
The price battle between Walmart and Amazon continues. In six categories, Walmart’s online prices are, on average, within 1%-2% of Amazon. These categories include appliances, beauty, food and beverages, health and personal care, home furniture, as well as sports and outdoors.
Walmart stock has grown by 2.5% for the year to date but has dropped by 1.2% over the last three months. In 2020, Walmart’s online prices were, on average, 3% higher as compared …