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0.000953950221143001 0.000953950221143001 0.000953950221143001 0.000953950221143001 0.000260168242129921 0.00043361373688316 0 -0.000173445494753239
Stock impact report

CNBC's The China Connection newsletter: Why Sam’s Club is in a sweet spot as China faces consumption worries [MSNBC.com]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: MSNBC.com
Such warehouse stores have long been known as places to buy large quantities of household staples at cheaper prices.Even though it's less typical in China, where grocery habits have historicallyskewed toward high-frequency"Here they do buy it because of the value and niche products," said Cameron Johnson, Shanghai-based senior partner at consulting firm Tidal Wave Solutions. He said residents in his compound often ask in group chats whether others want to split oversized packs.Sam's Club has leaned into that proposition: a shopping experience and product lineup distinct from conventional supermarkets and online retailers, paired with annual membership fees ranging from 260 yuan to 680 yuan ($37-$97). Shoppers get modest discounts — but the bigger draw is access to curated merchandise that they can't find elsewhere."It's a membership model that consumers pay the membership fee upfront, and as a result, they get a full set of services," said Weiwen Han, a Hong Kong-based partner at Bain Show less Read more
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