WWD 10/24/2006

WWD Photo

Slowing Expansion Plan: Wal-Mart Cuts Openings, Tweaks Fashion Formula

Wal-Mart announced plans Monday to adjust its growth model, scoring a hit with Wall Street. The world’s largest retailer will slow the pace of U.S. expansion and spending next year as it seeks to improve returns and jump-start its stock price.

From This Issue

load comments


Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
blog comments powered by Disqus