Tuesday, November 28, 2006

Wal-Mart sales, still on the decline

Dispite their new aggressive advertising campaign, Wal-Mart's sales again didn't meet expectations and isn't expecting a change.

The world's largest retailer said over the weekend that it expects to report a 0.1 percent decline in November sales in stores opened at least a year, slightly below its projections for flat sales, compared with the year-ago period. The results cover the four-week period through Friday, the first day of the holiday shopping season.

Wal-Mart and other major retailers are expected to report final same-store results for November on Thursday.

Wal-Mart shares fell $1.29, or 2.7 percent, to $46.61 in New York Stock Exchange trading.


It seems as all of the national campaigns to Change Wal-Mart are in fact working, and the public is now learning who Wal-Mart really is... the largest most irresponsible employer in the world.

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