Walmart dominates grocery market amidst retail turbulence.

Walmart is expected to showcase its strategy for the year at an investor event in Tampa, Florida. The company's sales come mostly from food, which is a category that shoppers need in any economy. Walmart has built its reputation on offering low prices and has a huge reach, allowing it to make money in other ways, including selling ads, offering delivery services, and fulfilling online orders for third-party sellers. Walmart has taken a page from Amazon's book and is selling services and technology, along with its products. The company is expected to provide a progress report on its growing number of side hustles, including Walmart Connect, Walmart Luminate, Walmart+, GoLocal, and Walmart Fulfillment Services. Walmart has leaned into e-commerce, and online sales accounted for nearly 13% of Walmart U.S.' total net sales in the past fiscal year. Walmart is attracting customers with larger salaries and more disposable income, and investors want to hear how the company plans to keep them.