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Nation's Retailers Have Glum Weekend
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| Contributor | Joshua L. |
| Last Edited | Joshua L. Dec 22, 2003 01:34pm |
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| Category | News |
| Media | Website - Yahoo News: Iran |
| News Date | Monday, December 22, 2003 06:00:00 AM UTC0:0 |
| Description | NEW YORK - The critical last weekend before Christmas didn't deliver the sale bonanza merchants were hoping for, with Wal-Mart Stores Inc. announcing Monday that last-minute buying showed "some improvement," but was not enough to offset weak business in the early part of the month.
The world's largest retailer said that December same-store sales growth was still tracking at the low end of its projected 3 percent to 5 percent range. For the second week in a row, traffic was down from year-ago levels for the week ended Friday, the company said on its pre-recorded conference call.
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