Fears over US consumer spending were raised today after retailing giant Wal-Mart reported weaker than expected sales.The company, which is the world’s largest retailer, reported a 22% rise in its fiscal fourth-quarter profit, but sales at stores open at least 12 months disappointed the market.Quarterly sales fell to $113.65 billion - slightly below the $114.56 [...]
Wal-Mart results lower than expectations
