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Business Briefs

For Wednesday, February 22, 2012

By Star-Advertiser staff

POSTED: 01:30 a.m. HST, Feb 22, 2012

~~<p><strong>U.S. business a bright spot for Walmart</strong></p>
<p>NEW YORK &raquo; Wal-Mart Stores Inc.'s low-cost strategy during the holidays both helped and hurt its performance in the fourth quarter: The world's largest retailer reported an almost 15 percent decline in profit, but its namesake U.S. business continued to draw in more shoppers.</p>
~~

U.S. business a bright spot for Walmart

NEW YORK » Wal-Mart Stores Inc.'s low-cost strategy during the holidays both helped and hurt its performance in the fourth quarter: The world's largest retailer reported an almost 15 percent decline in profit, but its namesake U.S. business continued to draw in more shoppers. Login for more...



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