Wal-Mart’s first quarter margins under pressure, e-commerce rebounds
Wal-Mart’s first quarter margins under pressure, e-commerce rebounds . Wal-Mart Inc. on Thursday said that due to price cuts and higher freight costs, profit margins during the first quarter remained under pressure. In the quarter that ended in April, Wal-Mart’s gross margin was down 23 basis points. Moreover, it has been falling for four consecutive […]
