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More of their essentials at walmart, according to the companys results for the three months to the end ofjuly. The worlds biggest retailer is using its reputation for lower prices to attract consumers looking to buy anything from food to school shoes. Walmart s net income for the quarter jumped by about 33 to nearly 8 billion. Lets get more now with Michelle Fleury in new york. Great results then for walmart others rivals havent fared so well. Whats the secret . Imean, i mean, they are known as a low cost grocer, the worlds biggest retailer proving once again their ability to attract shoppers at a time when they are facing a great deal of pressure financially in terms of higher prices, but in terms of higher Interest Rates which have made Lending Conditions tougher. I think that really has helped walmart through this. They are not onlyjust appealing to their traditional customer base, but they are also appealing to those more affluent customers who are being more cautious and turning t
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