cpaul on Sun, 1 Dec 2002 06:42:23 +0100 (CET) |
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<nettime> buy everything day |
Reuters Wal-Mart Reports $1.43 Billion Sales Fri. Saturday November 30, 5:53 pm ET BENTONVILLE, Ark. (Reuters) - Wal-Mart Stores Inc. (NYSE:WMT - News), the world's biggest retailer, on Saturday reported record one-day sales on Friday, the day after Thanksgiving that retailers hope will jump-start sluggish sales. Wal-Mart said its U.S. stores racked up $1.43 billion in sales on Friday at its thousands of U.S. stores, which includes Sam's Clubs. That compares to day-after Thanksgiving day sales of $1.25 billion last year. That represents the biggest single-day sales figure for the retailer. Retailers have been forced to trim expenses all year to make up for slack sales and analysts are expecting a mediocre holiday season, as consumers fret over layoffs and a likely war with Iraq. # distributed via <nettime>: no commercial use without permission # <nettime> is a moderated mailing list for net criticism, # collaborative text filtering and cultural politics of the nets # more info: majordomo@bbs.thing.net and "info nettime-l" in the msg body # archive: http://www.nettime.org contact: nettime@bbs.thing.net