Home and apparel gets revisited at Wal-Mart

NEW YORK Wal-Mart Stores is working to further develop their categories of home furnishings and clothing, their cfo said at a press conference Tuesday.

Although Wal-Mart cfo Thomas Schoewe said the retailer is in “very good shape” now when it comes to its apparel and home inventory, he also stated that the company is “still struggling with negative traffic in these categories and have lots of room for improvement.”

Since its original attempts to transform its home area did not achieve the expected results, the cfo said the company is experimenting with a different home section layout in one of its New Jersey stores.

Last year, the company's push to enhance their image with high-end electronics and stylish clothes ended up a bust, as many of Wal-Mart's low-income customers could not afford to purchase apparel and home goods out of their price range, according to Reuters. Now, Wal-Mart has been working to clear its stores of poor sales by cutting prices.