Wal-Mart

Wal-Mart: Wal-Mart said on Thursday that more prudent spending, unseasonably cool weather and flooding in Alberta all conspired to dampen its second quarter. Same-store sales dropped 0.4 per cent at outlets open a year or more, a key retail measure. Traffic to its stores slipped 0.6 per cent, although customers spent a little more 0.2 per cent cent during each trip. More Related to this Story, according to Globe and Mail. Macys reports unexpected sales drop, blames hesitant consumers Soft summer sales at Wal-Mart Canada Corp. signal sluggish times for retailers and underscore the urgency for them to make up for shortfalls in the critical back-to-school season. Grocery wars spur industry consolidation (www.immigrantscanada.com). As reported in the news.