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News and Opinion: November 18, 2022. Affluent Shoppers Going to Walmart Due to Inflation by marcusantoniu26

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News and Opinion: November 18, 2022. Affluent Shoppers Going to Walmart Due to Inflation
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The increasing food prices is making wealthy shoppers be more aware of their spending in groceries. Walmart, and stores such as Dollar General are reporting an increase in affluent shoppers.

This may mean that companies of this type, which provide affordable items to shoppers, may still remain profitable in these inflationary times.

On the other hand, this may mean that the more expensive stores could be undergoing difficult times if they do not keep their customer base.

For further information, read this [article](https://www.zerohedge.com/personal-finance/wealthier-shoppers-flocking-walmart-inflation-bites)

###### This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.
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