date:May 19, 2014
Walmart Canadas market share just keeps growing, but its drive to expand in a hypercompetitive retail sector weighed on the companys quarterly results Thursday, which marked the mass merchants sixth-consecutive quarter of falling same store-sales and traffic.
The retailer saw an overall revenue gain of 1.2% in the period, while same-store sales, a key retail industry bellwether that strips out the effects of added square footage year-over-year, fell 1.4%.
Walmart, battling Target and aggressiv