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Lower Sales Growth Strikes Wal-Mart

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Lower Sales Growth Strikes Wal-Mart

Business

Lower Sales Growth Strikes Wal-Mart

Lower Sales Growth Strikes Wal-Mart

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Heading into the holiday season, Wal-Mart says it will look at adjusting its product mix to make up for slumping same-store sales in October. The retailer's sales grew only half-a-percent last month, after earlier predictions that sales would jump between two and four percent.

JOHN YDSTIE, host:

Business news starts with Mal-Mart, hoping for a happy holiday season.

(Soundbite of music)

YDSTIE: Heading into the holiday season, Wal-Mart says it will look at adjusting its mix to make up for slumping same-store sales in October. The retailer's sales grew only half a percent after earlier predictions that sales would jump between 2 and 4 percent. Wal-Mart will issue its full sales release on Thursday.

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