A forthcoming report suggests a growing shift in consumer behavior where shoppers increasingly frequent both retail behemoths, Walmart and Amazon.
Nearly one in four U.S. adult consumers now holds monthly subscriptions to both retailers, with millennials being the most likely to subscribe to both.
The report shows that consumers strategically utilize Amazon for nonessential items and Walmart for groceries, leveraging the strengths of each retailer.
Budget-conscious consumers, especially those living paycheck to paycheck, are more likely to subscribe to Walmart than to Amazon Prime.