Home still lagging at Walmart

Retail Editor 4, May 18, 2011

Bentonville, Ark. - Home posted a mid single-digit negative comp during the first quarter at Walmart U.S., although the retailer said most indoor home categories - including bath - showed improvement,

"We expect to see momentum pick up in indoor categories during the second quarter," said Walmart U.S. president and ceo Bill Simon, in recorded remarks about the quarter.

U.S. comps remained negative, down 1.1%. U.S. sales were flat, up 0.6% to $62.7 billion.

Total company sales rose 4.4% to $103.4 billion, driven by an 11.5% surge in international sales, which were $27.9 billion.

 

 

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Current issue for September 2017

See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!