retail news in context, analysis with attitude

• Walmart reports this morning that its April sales rose 2.4 percent to $29.853 billion, on same-store sales that were up five percent.

• Royal Ahold said that its total first quarter sales were up 15.2 percent to the equivalent of $11.7 billion (US), with sales at its Stop & Shop and Giant-Landover chains in the US up 3.6 percent to $5.32 billion from $5.14 billion a year earlier.

• Costco Wholesale reported that its April sales were down six percent to $5.18 billion, on same-stores sales that were down seven percent in the US and down eight percent internationally.

• Unilever said yesterday that its first quarter net profit was $973 million, down 45 percent from a year earlier, on sales that were down one percent to $12.7 billion.

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