Wal-Mart’s New U.S. Chief Facing Empty Shelves, Grumpy Shoppers
date:Jul 28, 2014
b inventory growth in the U.S. -- an effort to cut costs and avoid being stuck with slower-moving merchandise. Wal-Mart said earlier this year that it would try to limit its inventory increases to half the rate of sales growth in 2014. Over the past two fiscal years, growth of Wal-Marts U.S. inventory regularly has exceeded that of sales.

Smaller Formats

For years, Wal-Mart grew and prospered by opening one supercenter after another. With the big-box model falling out of favor as Americans rus
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