Traffic at Walmart Inc., Costco Wholesale Corp. and Target Corp. dropped for the first time in the weeks since the coronavirus pandemic ramped up in the U.S., according to Placer.ai.
Walmart WMT, -1.36% traffic was down 6.7% year-over-year for the third week of March. The previous week, traffic was up 18.4%.
At Costco COST, -2.05% , traffic fell 8.7% year-over-year for the third week of March. The second week of March, traffic jumped 34.7%.
And at Target TGT, -3.16% , traffic slumped 20.5% in the third week of March after climbing 19.2% year-over-year the previous week.
Source: Traffic at Walmart, Costco and Target falls for the first time in weeks as coronavirus stockpiling behavior shifts – MarketWatch