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Wal-Mart Sees $3bn Opportunity Refilling Empty Shelves
date:Apr 01, 2014
is working to curb inventory growth in the U.S. -- an effort to cut costs and avoid being stuck with slower-moving merchandise. Wal-Mart will try to limit its inventory increases to half the rate of sales growth this year, Chief Merchandising Officer Duncan Mac Naughton said at the meeting. In 10 of the past 12 quarters, growth of Wal-Marts U.S. inventory has exceeded that of sales.

Wal-Marts U.S. division had $279.4 billion in sales in the fiscal year ended Jan. 31.

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12/25 21:05

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