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walmart
Essay specific features
Written by:
Earnest M
Date added:
January 6, 2014
Level:
University
Grade:
A
No of pages / words:
3 / 795
Was viewed:
8736 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...
displayed 300 characters
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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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