Gene Hoffman

Wal-Mart Looks to Reverse Same-Store Slide

August 18, 2010

FROM RETAILWIRE:
The good news for Wal-Mart and its investors is the world's largest retailer posted a higher-than-expected profit in the latest quarter. The bad news is that same-store sales fell for the fifth consecutive quarter. What is your assessment of Wal-Mart's performance in the past year or so and what do you expect from the retailer going forward?      [more...]

Declining same-store sales over the past few quarter with greater profits suggests tighter internal controls and higher prices despite those famous rollbacks.

There comes a time when you are bigger and heavier than all the other guys that you become a wee bit less agile. It is then that the smaller knowledgable guys start nipping away ... just as the recession has also done to Wal-Mart. Perhaps when the economy gets better this problem shall pass away.