The average Walmart shopper is still spending less than the average American family, according to a new study.
And while Walmart and Target are still spending more than the same households overall, the average Walmart and Costco shopper still spends less than Walmart and other big-box retailers.
Walmart has been the biggest beneficiary of the weak economy, and its customers are the largest recipients of the government’s unemployment insurance benefits, according the report.
Costco is spending less, and shoppers are less likely to go to Target than to Walmart.
Costco also reported that its U.S. store network has increased by about 3% over the past three years.
But the chain’s profit margins are smaller than Walmart’s and are much smaller than Target’s.
Walmart’s profit margin is nearly 70%, while Costco’s is just 10%.
Costco also noted that its profit margins have grown faster than Walmart.
The average Costco shoper earns about $13,000 a year, compared to $9,000 for Walmart’s average shopper, the report found.
Costco shoppers are also more likely to work outside the home, which has helped fuel the chain.
Walmart is spending more money on employee compensation than Walmart does on salaries, but the company’s employee compensation costs are actually higher than Walmart: Walmart pays about $18,000 more per employee than Costco, while Costco pays about half that.
Walmart also reported lower labor force participation rates for its workers, with the unemployment rate dropping to 4.7% in May from 7.6% a year earlier.
Costco’s unemployment rate is only 1.6%, while Walmart’s is more than double that.
The report noted that the U.K. has been on a job hunt for more than two months, with retail sales slowing significantly in April, with shoppers unable to shop.
The U.N. is also planning to cut food aid for its countries, and some U. S. retailers have also faced a downturn in sales.
Walmart and Kroger are among the retailers to report strong sales.