This tax season, Walmart is luring shoppers into stores with cash — their own cash.
The retail giant is offering people the chance to pick up their state and federal tax refunds in cash at its stores across the country, it announced on Tuesday.
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Tax-refund time is typically a good one for Walmart and other retailers who cater to low-income customers, because shoppers often use the extra income to make big purchases they may have been putting off. Walmart executives blamed a less-than-stellar first quarter in 2014 partly on delayed and reduced tax refunds.
“It’s always a good thing, we believe, to have customers in our stores that have a jingle in their purses and in their wallets,” Eckert said. “That’s something we like to see.”