Wal-Mart Feb sales rise about 4pc
Reuters, Chicago
Wal-Mart Stores Inc, the world's largest retailer, said on Saturday that sales at U.S. stores open at least one year rose approximately 4 percent in February.On a recording detailing sales through Friday, Wal-Mart said food sales were stronger than general merchandise and the Southeast was the strongest reporting region. The Arkansas-based retailer said that the average shopper spent more for the week ended Friday, driving up same-store sales. Sales toward the end of the week slowed in the Northeast due to a snowstorm, Wal-Mart said. Wal-Mart said it has seen good initial demand for Easter items. The retailer's four-week February sales reporting period ended Friday. It releases monthly same-store sales for February on Thursday.
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