Home / Knowledge / News / Wal-Mart International shows double-digit sales gain
Wal-Mart International shows double-digit sales gain
06
Sep '08
Wal-Mart Stores Inc reported net sales for the four- and 30-week periods ending Aug. 29, 2008, and Aug. 31, 2007

Walmart U.S.:
"The underlying business performance for Walmart U.S. continued to show strength and the improved relative performance has resulted in market share gains," said Eduardo Castro-Wright, Walmart U.S. president and chief executive officer.

Customers also responded well to school and college seasonal offerings throughout the store, driving sales in denim products, licensed apparel, school supplies and home furnishings. As with other seasonal events, customers are shopping closer to their needs. With many more schools opening later this year, overall business accelerated at the end of the month.

As of yesterday, fewer than 50 Walmart stores in the Gulf Coast area remained closed as a result of power outages and other issues related to Hurricane Gustav.

Sam's Club:
In general merchandise, apparel benefited from solid sales of fall transitional items. Softness continued in house wares and furniture.

While 13 clubs in the Gulf Coast area were closed for at least one day as a result of Hurricane Gustav, all have since reopened.

Wal-Mart International:
"While there are increased economic challenges in some of our markets, Wal-Mart International showed a double-digit sales gain," said Mike Duke, vice chairman, Wal-Mart International. "We continue to respond to the needs of our customers by fine-tuning our product offerings and emphasizing price leadership everywhere we do business."

Wal-Mart Brazil achieved solid August comparable store sales, driven by hypermarkets in the Southeast, supermarkets in the South and the Maxxi cash and carry business.

The September five-week period runs from Aug. 30, 2008 through Oct. 3, 2008. Sales results for the September period will be reported Oct. 8, a day earlier than previously announced, to avoid a conflict with Yom Kippur, which is observed on Oct. 9.

Wal-Mart Stores Inc


Must ReadView All

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Apparel/Garments | On 18th Nov 2017

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Sri Lanka’s apparel exports from January to September 2017 has...

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Apparel/Garments | On 18th Nov 2017

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Bangladesh Prime Minister Sheikh Hasina has said two more leather...

ASEAN, Hong Kong sign free trade agreement

Textiles | On 18th Nov 2017

ASEAN, Hong Kong sign free trade agreement

The Association of Southeast Asian Nations (ASEAN) and Hong Kong...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

November 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search