Wal-Mart’s anemic same-store sales numbers are about far more than the weather. Our most recent fact sheet examines Wal-Mart’s same-store sales and why Wal-Mart is failing while its competitors succeed.
The company has recently announced that it will but back on new store construction – a move that will force the company to rely more heavily on sales at existing stores. Several factors make this difficult for the company, including its continued emphasis on low-price merchandise, failures in the more-profitable apparel department and its notoriously poor customer service.
Read more about Wal-Mart’s flat same-store sales. (PDF)