Tuesday, September 30, 2014

Wal-Mart’s Sales Stagnation Reignites Concern About Economy

Bloomberg reports:
Wal-Mart Stores Inc.’s latest struggles to revive U.S. sales, following a disappointing Commerce Department report earlier this week, add to evidence that the economy isn’t recovering as quickly as expected.

The company posted stagnant same-store sales today in its second-quarter earnings report, marking the sixth straight period of no growth.
The great moments of the Obama recovery.