date:May 18, 2012
Wal-Mart has focused its investment in pricing on the grocery aisle as it looks to grow customer traffic and loyalty US.
The world's largest retailer today (17 May) unveiled its best US quarterly performance in six years when it booked a 2.6% increase in same store sales, higher consumer traffic and bigger basket size contributing to gains, which were up 1.1% and 1.5% respectively.
Speaking during a conference call following the announcement, Bill Simon, president and CEO of Wal-Mart's US opera