Walmart's dominance in the US retail sector is setting it up for strong holiday season sales, drawing in low and higher-income shoppers alike.

The quest for affordability iss good for big blue. The nation’s largest retailer raised its financial outlook after its strong third quarter.

Walmart's dominance in the US retail sector is setting it up for strong holiday season sales, drawing in low and higher-income shoppers alike.

The retailers' performance jumps out as investors and economists try to predict the holiday season and the outlook of the U.S. economy next year.