Higher income shoppers turned to Walmart looking to cut costs on groceries amid surging inflation, helping to boost sales at the nation’s largest retailer during the second quarter. Those rising prices also led customers to cut back on non-necessary items, however, and that weighed on profits as Walmart was forced to cut prices and clear inventory. “We’re pleased to see more customers choosing Walmart during this inflationary period,” said CEO Doug McMillon. “The actions we’ve taken to improve inventory levels in the US, along with a heavier mix of sales in grocery put pressure on profit margin.” Walmart still beat...