Wal-Mart cheers its moves to try to improve sales
June 4, 2010 Executives with the world's larget retailer told a packed
basketball arena in Fayetteville, Ark., that it is changing its
merchandise mix, putting more emphasis on price rollbacks and
pledged to continue offering lower prices than its competition.
High fuel prices, unemployment and pressure from Target and
other retailers contributed to lower shopper traffic in the
company's Walmart stores.