walmart

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Title: walmart

Essay Details:

Subject: Business

Author: Kathy N

Date: January 22, 2014

Level: University

Grade: B

Length: 3 / 795

Essay text:

sales in the Wal-Mart [Stores] division started strong but slowed in the second half. "We were not aggressive enough in our merchandise plans and underbought in several key categories, particularly at the mid- and premium-price points. Although this resulted in lower markdowns and better inventory levels, the lack of sales resulted in greater expense pressures. We would have been better off if we had traded lower markdowns for sales, and we will be more aggressive on our merchandise planning this year." Despite the self-criticism, the year yielded a number of impressive achievements. The fourth quarter saw the retailer grow its gross margin for the 13th time in the last 14 quarters--without increasing prices, as executives are quick to point out...

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