6 Feb 2009

Wal-Mart sales up

9:23 am on 6 February 2009

Sales were up at Wal-Mart Stores in the United States in January.

Same-store sales, excluding petrol, were up by 2.1% as shoppers stocked up on food and other necessities.

Wal-Mart said demand was strong for both frozen meals and cooking equipment.

It also reported a rise in sales of flat-screen televisions, as consumers increased their focus on at-home entertainment.

Costco earlier this week reported a 2% fall in sales.