While severe winter weather impacted overall sales and profits, Wal-Mart Stores on Thursday boasted that comparable-store sales at its Neighborhood Market division increased by around 5% in the fiscal first quarter, “validating our strategy to accelerate unit growth,” officials said. Bill Simon, CEO of Walmart U.S., said a 4% increase in traffic drove the comps at Neighborhood Markets, the company’s grocery-drug combination stores. The division through April has shown 46 ...
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.