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Walmart To Narrow Number Of Buyers In Stores As Coronavirus Cases Jump

By John F. Heerdink, Jr.

As per reports,  Walmart is restricting the number of buyers in stores to encourage social distancing among customers amid the COVID-19 pandemic. The retailer to allow not more than five customers per 1,000 square feet at a given time. The customers to be admitted one by one and monitored by store associates. The retailer also plans to implement a one-way movement through aisles in some stores by next week.

Positive cases of coronavirus in the United States touched over 240,000 with over 6,000 deaths, as per reports.

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites. To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Walmart to limit number of customers at stores as virus crisis deepens in Reuters)


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