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Thursday, May 19, 2011
What's up with Wal-Mart's US sales slump?
Posted by
CV
on 4:19 AM
What's up with Wal-Mart's US sales slump?
Wal-Mart posted higher-than-expected first-quarter profits this week, but its U.S. sales continue to fall. Analysts say shoppers are hurting because of rising gas and food prices. The nation's high unemployment rate isn't helping matters.
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