Last Updated: Friday, May 08, 2009

Walmart: Home is Hopping

Home Textiles Today
May 4, 2009

Bentonville, Ark.- Walmart is experiencing recent and notable successes in its enhanced home department - with specifically bedding and towels, among its best performing categories right now, the chain said last week during its lunchtime presentation at the Barclays 2009 Retail and Restaurant conference in New York.

"Walmart is winning in categories that would otherwise be counter-intuitive in this kind of economic crisis - categories or entire businesses like home, where we have registered very strong comps now for several months," said Eduardo Castro-Wright, vice-chairman, Walmart Stores Inc. Read more.