Wal-Mart to Cut Prices After Poor Sales
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Wal-Mart Stores Inc. , the No. 1 U.S. retailer, on Tuesday signaled it will cut prices in the weeks before Christmas after a strategy against deep discounts backfired on the first weekend of the holiday shopping season.
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Wal-Mart Stores Inc. said on  Thursday it would slash prices on nearly 300 generic  prescription drugs to $4 in the Tampa, Florida, area and expand  the plan across Florida and other states next year.
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US blue chips ended lower on Monday after a disappointing sales forecast from the world&#39;s biggest retailer, Wal-Mart Stores Inc.
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As Wal-Mart continues to struggle with soft sales amid a housing slowdown and gas price pressures, the retailer announced Monday that it will cut prices further on 16,000 items this week to spur sales for the back-to-school shopping season.
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WAL-MART, the worldâs largest retailer, has cut its sales forecast, in the run-up to Christmas, by more than half after suffering a fall in the number of shoppers passing through its doors
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Will steep discounting save Christmas? Retailers, including Wal-Mart Stores (nyse: WMT - news - people ) Chief Executive Lee Scott, will be forced to slash prices this week to spur sales that got off to a weak start this holiday season.
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Wal-Mart Stores Inc.  said on  Monday it will drop prices this week on more than 16,000  products across its stores as the world&#39;s largest retailer  tries to reinvigorate sales for the back-to-school shopping  season.
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Wal-Mart is reducing its forecast for same store sales for the month of August. It is blaming store closures caused by Hurricane Charley last week.
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The retailer lowers its outlook after same-store sales fall.
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Sales gains in the past week at Wal-Mart Stores fell well short of a year-ago, the company said Saturday. For the month, sales were at the bottom of the chain&#39;s forecast range.
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U.S. retailers are expected to post modest November sales this week, with No. 1 retailer Wal-Mart Stores Inc.  already cutting its holiday outlook on high oil prices and warmer weather.
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The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations
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A DISAPPOINTING sales forecast from Wal-Mart Stores Inc sent US stocks mostly lower today as investors worried that oil prices, which stabilised after last week&#39;s highs, would
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Blaming a computer error, Wal-Mart Stores Inc. on Wednesday lowered its September sales estimate again. The news sent shares lower in early trading and prompted analysts to speculate about what happened at the world's largest retailer when other merchants are expected to report higher sales amid cooling temperatures and easing gasoline prices.
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U.S. retailers are expected to post  modest November sales this week, with No. 1 retailer Wal-Mart  Stores Inc. already cutting its holiday outlook on high oil  prices and warmer weather.
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Wal-Mart Stores Inc. , the world's largest retailer, slashed its own expectations of November sales on Saturday, saying customer traffic declined toward the end of Thanksgiving Day week, which signals the start of the holiday shopping season.
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US retailers are expected to post modest November sales this week, with No. 1 retailer Wal-Mart Stores Inc. already cutting its holiday outlook on high oil prices and warmer weather.