Walmart Receipt Reveals 70% Grocery Inflation, Execs Cite $4.50 Gas Risk
WMT•WMT•WMT•WMT•Viral 2006 Walmart receipt showed shrimp for $2, chips under $3 and onions at $0.60, versus today's bagged chips at $7, indicating roughly 70% grocery cost inflation over 20 years. Walmart executives warn that expiring tax refunds and gas over $4.50 could curb resilient consumer spending.
A widely shared 2006 Walmart receipt listed shrimp at $2, chips under $3 and onions for $0.60. Today, bagged chips at Walmart fetch about $7, underscoring nearly 70% grocery price inflation since 2006 and fueling heightened shopper price sensitivity.
Walmart leaders report that customers remain intent on spending despite tight budgets, but they flag risks from the end of tax refund boosts and sustained gas prices above $4.50 per gallon. Such headwinds could reduce store traffic and weigh on same-store sales growth.
