BENTONVILLE, Ark. — Price investments in food and other consumables helped drive sales growth at Wal-Mart Stores in the first quarter, but also pressured profit margins at the world’s largest retailer. “Price was the focus of our first-quarter marketing, and this will continue to be a key message this year,” said Bill Simon, president and chief executive officer, Walmart U.S., in a prerecorded earnings call on Thursday. Comparable-store sales in the U.S. ...
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.