date:Aug 18, 2014
e sales grew 24 per cent with strong growth in the US, UK, China and Brail.
Wal-Mart opened its Neighborhood Markets stores to attempt to compete with smaller scale grocery stores. The stores posted a 5.6 per cent increase in store sales and a 4.1 per cent increase in traffic, which suggests that they may be able to compete. Neighborhood Markets are around one-fifth the size of Supercenters and have much more accessible locations in urban areas. Wal-Mart has around 400 Neighborhood Markets and