WalMart Still Stands Strong

January has been difficult for retailers with a decline of 1.8% in sells for the industry. Many retailers have offered a lot discounts to attract customers. Department stores and luxury stores have suffered the most with a decline in sells. Consumers are seeking elsewhere to purchase merchandise at an affordable price. Low-priced retailers are experiencing growth. WalMart still stands strong during the difficult time. They experienced a 2.1& increase last month. Vice chairman of Walmart stores said that the increase was a result of the high volume of customers that come and purchase merchandise. I think that consumers are more cautious of their spending habits. They are going to retailers that are affordable for their income. WalMart has succeeded with sells in spite of the decline of growth with other retailers.