Description: It was a rough winter for retailers and Wal-Mart was no exception. But the company also issued weak guidance for the warmer second quarter as it boosts investments to remain competitive against Amazon and Costco.
Source: CNN.com – video report
Date: May 15, 2014
Questions for Discussions:
- Why did Wal-Mart miss earnings targets, according to this report?
- Do you think Wal-Mart will have more difficulty competing in a crowded retail market?