Walmart has eclipsed supermarkets’ 1.5% share edge in Q2 of 2022, with the retailer ending Q2 of this year with a 5.7% share advantage, the report noted.
Brick Meets Click and Mercatus said that Walmart’s fortification of its role as a top grocery e-commerce market leader over the past year follows the peak of food-at-home inflation in the third quarter of last year. Grocery inflation hit a record high with its annual rate of 13.5% last August.
