5 Best Dow Stocks to Invest In Now

4. Walmart Inc. (NASDAQ:WMT)

Number of Hedge Fund Holders: 114

On April 15, Reuters reported that Walmart Inc. (NASDAQ:WMT) is redesigning its private-label brand “Great Value” as more shoppers shift toward lower-priced store brands. The brand, first introduced in 1993, will see changes across nearly 10,000 food and consumables items. Walmart said this is its first major refresh of the brand in more than a decade.

The rollout will take place over two years. It will start with salty snacks and then expand gradually across other categories. The updated packaging will include clearer nutritional information and benefit claims across all “Great Value” food items. Scott Morris, senior vice president of private brands at Walmart US, said the refresh will not affect the products themselves or their pricing.

The redesign follows an earlier move by Walmart to remove synthetic dyes from its private-label foods, including Great Value, by January 2027. The change reflects shifting consumer preferences, influenced in part by the growing use of GLP-1 weight-loss drugs.

Walmart Inc. (NASDAQ:WMT) operates as a technology-driven omnichannel retailer. The company runs retail and wholesale stores, clubs, eCommerce platforms, and mobile apps across the US, Africa, Canada, Central America, Chile, China, India, and Mexico.