Walmart Stores is making progress bringing items and shoppers back to its U.S. stores, and turning around U.S. sales remains its top priority, President and Chief Executive Mike Duke said.The Walmart U.S. discount chain's food department has improved and its general merchandise areas are well on the way to having the right assortment, Duke said at a Barclays conference in New York.
Walmart is bringing back thousands of items, advertising its low price guarantee and taking other steps to try to win back shoppers who balked at an earlier plan that cut goods from stores and emphasized promotional prices.
Duke again said that achieving an increase in U.S. same-store sales - a key gauge of retail health that measures sales at stores open at least a year - is his "first priority."
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