Home / Knowledge / News / Textiles / Wal-Mart reports February sales

Wal-Mart reports February sales

09
Mar '07
Wal-Mart Stores Inc reported net sales for the four-week periods ending March 2, 2007 and March 3, 2006.

The 18.7% increase in International's net sales for the four-week period includes 4.1 percentage points from the consolidation of Wal-Mart Central America.

Wal-Mart Stores Division:
During the four-week February reporting period, the strongest comparable sales performances continued in the grocery, consumables and pharmacy areas. Seasonal sales at Wal-Mart stores were strong in gift items for Valentine's Day.

The softness in home and apparel sales cited during the fourth quarter of fiscal 2007 continued in February and is expected to remain through spring. Hardlines were impacted by unfavorable weather.

For the Wal-Mart Stores Division U.S., average ticket drove the February comparable store sales increase. Traffic in comparable stores was down, and the impact on same store sales from last year's hurricane-related sales continues to decrease.

Earlier this week, the Company announced the launch of its “site to store” service for U.S. stores. This service offers free shipping to Wal-Mart stores on thousands of items offered through its web site. The first phase of the rollout is available in more than 750 stores, with full national availability to all Wal-Mart Stores U.S. expected to be completed by late summer.

Sam's Club:
Like Wal-Mart Stores, Sam's Club saw strength in the grocery, consumables and pharmacy areas during February. Consumer electronics categories continued their strong growth. Business member traffic tracked up during the reporting period.


Must ReadView All

Pic: Shutterstock

Textiles | On 25th Sep 2021

EU extends GSP plus status for Pakistan with 6 new conventions

The European Union (EU) has extended its general system of...

Pic: Shutterstock

Apparel/Garments | On 25th Sep 2021

Bangladesh seeks Russian support for ensuring direct exports there

Bangladesh commerce minister Tipu Munshi recently sought Russian...

Pic: Boris-B / Shutterstock.com

Retail | On 25th Sep 2021

US’ Halloween spending to reach $10.14 bn this year: NRF

Consumer spending in the US on Halloween-related items is expected to ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Daniele Uboldi,

Daniele Uboldi

EptaInks is the screen-printing division of Eptanova, a company that...

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Brad Holschuh, Wearable Technology Lab, University of Minnesota

Brad Holschuh
Wearable Technology Lab, University of Minnesota

A new study led by researchers at the University of Minnesota's Design of...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

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

Leave your Comments


September 2021

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


Advanced Search