Wal-Mart sales slow as U.S. consumer jitters weigh

Newswire

By Ellis Mnyandu NEW YORK, Aug 26 (Reuters) - Wal-Mart Stores Inc. , the world's No. 1 retailer, said on Monday sales in the recent week hit the low end of its August same-store sales growth target as warmer weather led shoppers to buy fewer back-to-school clothes. It was the second time this month that Wal-Mart -- which has come to be regarded as a barometer of U.S. shopping patterns -- reported sluggish weekly sales trends but still within its 4 percent to 6 percent same-store sales ...

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