Wal-Mart December Sales

By Ryan Sweet in West Chester 1/2/2007

Wal-Mart estimates sales growth for the five weeks of December to have increased 1.6%, up considerably from a 0.1% decline the month prior and is above its initial projection of growth of up to 1%. If this preliminary forecast proves correct, as is usually the case, this will be Wal-Mart’s strongest month-to-month sales growth since August, when the company reported a 2.7% increase. Wal-Mart's soft performance over the past year has been well-documented. The retail giant’s troubles are at least partially chain-specific as its rapid expansion of new stores stole customers away from existing ones....

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