Tag: Fox Business Network

Wal-Mart: What Went Wrong?

Wal-Mart reported its ninth-straight quarter of same-store sales losses for its U.S. unit. Overall profit was up 5.7%, carried by overseas gains, but the U.S. business continues to suffer.
Target Corp. (NYSE: TGT) the second-largest U.S. discount retailer, may have found a strategy to oust Wal-Mart Stores Inc. (NYSE: WMT) as the No. 1 discount-shopping source.