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How Walmart is bolstering its grocery business ahead of the Amazon-Whole Foods marriage

from Fortune

Walmart served up some especially good news recently with its second-quarter results: Its grocery business is thriving again. The retailer — the largest grocer in the United States by far with annual sales of about $170 billion — said comparable sales of food and other grocery items rose by a low single-digit percentage in the May to July quarter, notching its best performance in the key category in five years, with produce and meat as standouts. more

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