Wal-Mart Faces Big Hurdles

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Wal-Mart Faces Big Hurdles

by Wochit 0:41 mins

Wal-Mart Faces Big Hurdles

by Wochit 0:41 mins

The world's largest retailer faces new challenges at a time when low prices and one-stop shopping can be a few clicks away on a tablet computer or mobile phone. Wal-Mart Stores Inc. built its reputation on everyday low prices and convenient supercenters that allow customers to do all their shopping in one place. But revenue at established Wal-Mart stores in the U.S., which account for 60 percent of the company's total sales, has declined for five consecutive quarters. Meanwhile, the number of customers has fallen six quarters in a row.

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