[losteverything]

Everyone is wrong about Wal-Mart's customer mix.

Income. US stores. Walmart us stores

0-20. 16. 16

20-49k. 32. 33

50-99. 30. 31

100k plus 23. 21

This chart was from Doug's 10 14 15 22nd investors meeting. Page 24 slide of his presentation. ( AC Nielsen is the source credited on the slide)

This shouldn't surprise anybody: poor middle class or Rich everybody tries to save money

[davidf18]

Very informative, thank you.

But still, 1 in 6 < 20K and 1 in 2 < 50K

Thus, for half of their customers, and especially 1 in 6 lowest income, Wal-mart does a tremendous service in helping people to stretch their incomes.

If you've been reading the news recently for the past two decades working class people in these wage groups have not seen income growth. Wal-Mart has helped them to still live.