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Walmart's turnaround taking more time
Bentonville, Ark. -- Wal-Mart saw respectable U.S. sales growth in the second quarter, but it wasn't enough to overcome expense pressures and a weak dollar. These negative factors caused the company to turn in one of its worst quarterly profit performances in recent memory.
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Who’s spending money … and where are they spending it?
New York -- The big spenders are at Costco.
People spent 149% more at Costco than at other retailers, according to mobile-location firm Placed, which linked store spending to tracked locations. Best Buy BJs, Sam's Club and Ikea also ranked high, Advertising Age reported.

