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To: mishedlo who wrote (3783)12/22/2003 6:12:53 PM
From: russwinter  Respond to of 110194
 
How New Hampshire's largest employer is doing. I was forced to go into WMT this Monday AM for some reading glasses, empty, parked near front of store, zero check out wait:

Wal-Mart December sales weak

No. 1 retailer says weekend showed progress but still sees month's sales at low end of forecasts.
December 22, 2003: 8:04 AM EST


CHICAGO (Reuters) - Wal-Mart Stores Inc. Monday said sales improved last weekend, which is typically the biggest shopping period of the year, but it was not enough to make up for a sluggish start to December.


The world's biggest retailer said it still expects December sales at its U.S. stores open at least a year to reach the lower end of its forecast for a 3 percent to 5 percent gain.

"Although we are not up to our original plan, progress was made over the recent weekend," Wal-Mart said on a recorded message.

The Saturday before Christmas is usually the busiest shopping day of the year for retailers. Chains were banking on a strong weekend to salvage what has so far been a mediocre holiday shopping season.

For the second week in a row, Wal-Mart said fewer people shopped at its stores, although they spent more on average. The best-selling categories last week included pharmacy, electronics, toys, girls' clothing, outerwear and pet supplies.



To: mishedlo who wrote (3783)12/23/2003 12:23:00 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Wal-Mart is the biggest employer in US (and on this planet), so it's most likely the biggest employer in the states where it has good presence.