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Wal-Mart's Sales Better than Expected

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Wal-Mart's same-store sales rose 1.6 percent for the December reporting period, higher than the 1 percent gain the retailer projected earlier.

The number is below last year's 2.2 percent growth for the company. Wal-Mart's small gain contributed to the weak holiday shopping season.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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