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Director / Editor: Victor Teboul, Ph.D.
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Wal-Mart's Online Sales Surge, Tops 1Q Expectations

Wal-Mart delivered first-quarter earnings that show how it's winning over shoppers at stores and online, even in an increasingly competitive retail landscape.   The world's largest retailer beat Wall Street estimates and delivered another solid gain in comparable-store sales. Customer traffic at Wal-Mart also rose while other major retailers like Macy's and Target suffered declines.   And online sales surged 63 percent, more than doubling the previous quarter's...


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