Wal-Mart forecast disappoints as grocery business struggles
date:Feb 21, 2014
vals, Wal-Mart said it was doubling the number of smaller new stores it originally planned to open this year.

Wal-Mart's U.S. comparable sales, e-commerce and sales at stores open at least a year, fell for the fourth quarter in a row, slammed by a drop in its grocery business and aggressive price cuts during a tough holiday shopping season.

The smaller stores, typically one quarter the size of Wal-Mart's supercenters, allow the retailer to reach new customers, particularly in urban areas. They
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