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Walmart+ membership surges to record high in August - Morgan Stanley
September 17, 2024 9:57 AM EDTWalmart+ membership surged to a record high in August, according to Morgan Stanley's latest AlphaWise survey.
The bank said its finding aligns with Walmart's (NYSE: WMT) own reports of continued double-digit growth in membership numbers.
The survey reveals that Walmart+ reached approximately 25.9 million members in August, marking a substantial increase from previous months.
Morgan Stanley explained that after adjusting for potential survey response... More
