By  on April 15, 2011

NEW YORK — Wal-Mart Stores Inc. is on the defensive once again — and now it wants to play a little offense.

A renewed commitment to apparel, a national ad campaign underscoring its low-price promise, new store formats and a push into urban markets are among the retail giant’s latest strategies. And most of them are fraught with pitfalls in one way or another.

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