Walmart Sales slowing down.

Posted on August 15, 2008 at 9:15 am.
Filed Under Business |

WalmartWalmart world’s largest retailer said its sales growth is slowing down in US. However the retailer sees growth in its international stores in Latin America, the UK and China. Walmart is expanding its overseas presence aggressively. It has 330 stores in Brazil and planning to invest $1.1 bn next year to open 80 more. Wal-Mart has been subject to criticism by various groups and individuals. WalMart has also faced accusations involving poor working conditions of its employees. If considered as an individual economy Walmart is the 8th largest trading partner of China ahead of Russia, Australia and Canada.

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