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What's up with Wal-Mart's US sales slump?

Thursday 19 May 2011 0 comments

What's up with Wal-Mart's US sales slump?

Wal-Mart posted higher-than-expected first-quarter profits this week, but its U.S. sales continue to fall. Analysts say shoppers are hurting because of rising gas and food prices. The nation's high unemployment rate isn't helping matters.