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December 5, 2006

All Business: Wal-Mart woes: Maybe some are self-inflicted

  • Blame for the retailer's slower sales can't go just to the slowing U.S. economy.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK — Remember when Wal-Mart was talked about as the retailer where America shopped? At least in recent months, it looks like consumers increasingly have taken their money elsewhere.

    Wal-Mart Stores Inc. should be a dominant force during the all-important holiday season, but instead it has tallied terrible results. Its same-store sales fell for the first time in a decade in November and it is forecasting anemic growth this month as well.


     
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