BENTONVILLE, Ark. — Wal-Mart Stores here said Thursday sales of food, pharmacy and other consumables at its U.S. stores were essentially flat for the fiscal year that ended Jan. 31, but the company expects to see improvements before mid-year. “Deflation continued to have an especially onerous impact on comparable sales for the year, dropping by more than 300 basis points from the inflation we experienced late last year,” Eduardo Castro-Wright, vice chairman, said. "But the trends are ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.