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If Walmart had a 60% market share then yes the JD would be on their balls for store brands.
by justrealist 2y ago
If Walmart had a 60% market share then yes the JD would be on their balls for store brands.
- ribosometronome 2y agoHow sure are you about that? https://www.statista.com/statistics/252678/walmarts-net-sales-in-the-us-by-merchandise-unit/ https://www.statista.com/statistics/252678/walmarts-net-sale... It looks like roughly 60% of groceries are sold at Walmart in the US. And unlike phones, where you can choose Android easily, many regions have only Walmart to shop at.
- justrealist 2y agoThat's the wrong metric. It should be obvious that the US market share of walmart on groceries, merchandise, and health don't conveniently sum to 100%, and that's not how you would present that data. You're looking at the % of WalMart's sales, not market share. The answer is more like 25%: https://www.axios.com/2023/04/20/most-popular-grocery-stores https://www.axios.com/2023/04/20/most-popular-grocery-stores
- COGlory 2y agoThis is saying 58% of Walmart's sales are groceries. Not 58% of grocery sales are through Walmart.