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Walmart’s new wines promise a taste of the world at down-to-earth prices

Walmart Inc. has launched Winemakers Selection, a collection of wines from around the world priced from $10 to $16 per bottle. “And each wine label is designed to make it easy for even the novice wine drinker to make the perfect selection with ease,” the company wrote in a description of the new line. Walmart (WMT)  has been branching into new categories and reaching out to new target audiences in recent months.