BENTONVILLE, Ark. -- Wal-Mart Stores here last week said its gross margins improved in the second quarter, despite food-cost inflation because of lower costs for general merchandise and a more favorable sales mix. es in the quarter were up "almost in double digits" compared with the year-ago quarter, the company said, and sales at supercenters increased 25% over year-ago levels. Total U.S. comparable-store sales for the quarter increased 4.1%, including a 3.2% gain at the Wal-Mart Stores ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.