Wal-Mart to Cut Prices After Poor Sales
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Wal-Mart Stores Inc. WMT.N, 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 lowers the bar in the online movie rental war by slashing prices on its basic rental service.
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-- Wal-Mart Stores Inc. will cut back on spending to build new stores and tighten cost controls as sales growth slows over the next three years, Chief Financial Officer Tom Schoewe told investors and analysts at a conference Tuesday.
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The move would be the first time Wal-Mart has used its influence to lower the cost of health care for its customers.
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Shares in Wal-Mart fell more than three per cent in New York on Monday, after the giant discount retailer cut its forecast for November same-store sales
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Wal-Mart Stores estimated that November sales fell 0.1 percent at its stores in the United States that have been open for at least a year.
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Wal-Mart Stores Inc. WMT.N lowered  its August sales forecast on Monday as back-to-school demand  failed to meet its expectations and hurricanes in Florida  forced it to close 75 stores.
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Wal-Mart is expected to announce that it will test a program to sell generic prescription drugs at sharply reduced prices, according to a published report Thursday.
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Wal-Mart Stores Inc  said on  Thursday that it is cutting prices on 15,000 more items this  week as the world's largest retailer continues its push to  boost sales headed into the holiday season.
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TAMPA, Florida  - Wal-Mart Stores Inc., the   world's largest retailer, said on Thursday it would cut the   prices of nearly 300 generic drugs to $4 per prescription   starting in the retirement haven of Tampa, Florida.
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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, the world&#39;s largest retailer, has lowered its November growth forecast amid concerns that fuel costs may slow down Christmas retail sales.
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U.S. blue chips ended lower on Monday  as a disappointing sales forecast from Wal-Mart Stores Inc.  WMT.N cast a pall over sentiment, overshadowing a two-session  pullback in oil prices.
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Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) lowered its August sales forecast on Monday as back-to-school demand failed to meet its expectations and hurricanes in Florida forced it to close 75 stores.
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Wal-Mart Stores Inc said on Thursday it is cutting prices on 15,000 more items this week as the world's largest retailer tries to boost sales heading into the crucial holiday shopping season.
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By Emily Kaiser CHICAGO  - Wal-Mart Stores Inc.  lowered its August sales forecast on Monday because of disappointing back-to-school demand, casting doubt on the strength of U.S. consumer spending in a key shopping season.
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Wal-Mart announced Thursday that it will sell select generic prescription drugs at a sharply reduced price in all of Florida, nearly four months earlier than expected.