Walmart fails to match even modest expectation in Q1
date:May 17, 2013
vedproblems in out-of-stocks/empty shelf syndrome. A number ofinitiatives have been launched in response to both, including thereintroduction of the Great Gas Rollback scheme. However, thepositive impact of these initiatives appears to have been muted,with traffic down by -1.8% in Q1.

International performance was also weak in Q1 with sales growingby just 2.9% (+5.4% on a constant currency basis),saidSpringham. Over Q1, Walmart outlined its 2013 investmentplans for a number of its key internati
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