Low gas prices and hot weather help steer shoppers to Walmart

August 18, 2016 2:28 PM

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Low gas prices and hot weather help steer shoppers to Walmart

Walmart’s business improved on two key fronts in the most recent quarter: Traffic was up 1.2 percent at its U.S. stores, the big-box chain reported Thursday, and e-commerce sales growth picked up after a long stretch of deceleration.

The retailer said its stores were busier due to ongoing efforts to make them tidier and better-stocked. Executives added that the business likely got some help in the quarter from low gas prices, which may have left shoppers feeling flush, and ultra-hot weather, which often spurs them to buy seasona...

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