Walmart posted surprisingly strong same-store sales for the quarter that ended in January, up 4.2 percent. The retailer has been through quite the turnaround over the past five years — at this point in 2014, Walmart had posted six straight quarters of declining or flat sales. But e-commerce, online grocery sales, and brick-and-mortar refurbishments have helped the retailer stay competitive against Amazon.
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.