USA: Wal-Mart weekly sales summary
This is the weekly update for Oct. 23 and includes sales through Friday. The four-week period will extend from Saturday, Sept. 30, through Friday, Oct. 27. Sales were below plan for the Wal-Mart division and on plan for the SAM'S division for the third week of the period, although sales for the month are still tracking in the given 4-6 percent range. After posting strong numbers last week, the customer count at both divisions was essentially flat, but the average ticket and merchandise mix still remained strong. Overall, sales of Halloween merchandise appear to be progressing well and ahead of last year. Electronics sales, including pre-paid cell phones, pre-recorded video and DVD are also strong. Discretionary spending remains good as seen through items such as appliances, electronics, office equipment and furniture, which seems to signal that the consumer does have liquidity. The Wal-Mart division reported its best results in pet supplies, health and beauty aids, paper products, cosmetics, floral, electronics and fresh food. Electrical appliances also had a strong week, driven by the expansion of our GE programs. The division's best areas geographically were in the West and the Northeast. SAM'S strongest areas were paper products, pharmacy, food, floral, electronics, apparel, office equipment, furniture, small and major appliances, toys, tires and optical. Also, renewal memberships remain strong. The International division's best performances came from South Korea and Canada. In Mexico, the Supercenters and SAM'S also had a good week. Our original October estimate that we communicated at the time of the September sales announcement was 4-6 percent. Three weeks of the four-week period are now complete and sales for the month are still tracking in the given 4-6 percent range.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Comment: Premier has more to ponder than Brexit
- Trump seen as negative for global food trade
- The food market in 2017 - consumer trends and M&A
- Analysis: B&G Foods balancing growth and decline
- 2017: three major drivers of M&A strategy
- Nestle mum on Mead Johnson takeover talk
- Weetabix takeover talk gathers pace
- Unilever rebrands I Can't Believe It's Not Butter
- Mondelez sells Vegemite to Bega
- Kellogg to slash 250 jobs