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Investing.com -- Walmart (NYSE:WMT) announced Wednesday it is expanding its 10% employee discount to include nearly all grocery purchases at its stores and online, effective immediately, according to The Wall Street Journal.
The discount, which previously applied only to fresh produce and general merchandise, will now cover groceries such as milk, pasta, frozen pizza, and meat. These items were previously excluded from the discount except during the November and December holiday shopping season.
The announcement was made by Walmart U.S. Chief Executive John Furner and a Miami-area store manager at a Houston gathering of store managers, where it received a standing ovation, according to video footage viewed by the Journal.
A store manager at the event highlighted the significance of this change for employees, noting that many associates struggle to afford their next meal and that this expanded discount will help address food insecurity among staff.
The expanded grocery discount represents Walmart’s latest effort to improve recruitment and retention at America’s largest private employer. Employees had reportedly expressed dissatisfaction with the previous limitations of the discount program for years.
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