Discounters’ April Sales Beat Expectations
May 9th, 2008
As shoppers looked for bargains, both Wal-Mart and Costco turned in April sales that beat analysts’ expectations. Sales at Wal-Mart locations open at least a year were up 3.2% in April, while Costco’s sales advanced by 8%. Sales at mall stores like the Gap were generally down. As one observer put it, “If you didn’t [...]