walmart

Essay specific features

 

Issue:

Business

 

Written by:

Earnest M

 

Date added:

January 6, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 795

 

Was viewed:

8677 times

 

Rating of current essay:

 
Essay content:

sales in the Wal-Mart [Stores] division started strong but slowed in the second half. "We were not aggressive enough in our merchandise plans and underbought in several key categories, particularly at the mid- and premium-price points. Although this resulted in lower markdowns and better inventory levels, the lack of sales resulted in greater expense pressures...
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We would have been better off if we had traded lower markdowns for sales, and we will be more aggressive on our merchandise planning this year." Despite the self-criticism, the year yielded a number of impressive achievements. The fourth quarter saw the retailer grow its gross margin for the 13th time in the last 14 quarters--without increasing prices, as executives are quick to point out...
displayed 300 characters

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