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Stock impact report

Could social distancing create a long-term shift for the grocery industry? [Toronto Globe and Mail (Ontario, Canada)]

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
Could social distancing create a long-term shift for the grocery industry? Masoud Tehrani makes deliveries for Fresh City Farms in Toronto on March 26, 2020. Christopher Katsarov/The Globe and Mail Masoud Tehrani makes deliveries for Fresh City Farms in Toronto on March 26, 2020. Canadians have been urged to stay at home to help curb the spread of the new coronavirus – and for many people that has meant staying away from grocery stores, prompting a surge in e-commerce orders for food and other essential items that may have long-term consequences for shopping habits. “We don’t have a crystal ball, but what we have seen is that online grocery is really a habit to be built – when customers try it, they usually stick to it,” said Walmart Canada’s executive vice-president of e-commerce, Alexis Lanternier. Amid public-health messages about the need for social distancing, the company has seen record numbers of online orders, for both delivery and pickup. According to Fresh City Farms, whi Show less Read more
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