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Wal-Mart (WMT) Sees Strong Start to Holiday Season

Retail giant Wal-Mart Stores Inc. WMT has kicked off the holiday season pretty well with huge footfalls on the Thanksgiving Day as well as Black Friday. The company has issued a statement underlining that its performance was according to its plans for shopping in the holiday season.

For the holiday season, Wal-Mart had offered lucrative deals and abundant availability of those items to the customers. The customers started flocking to the stores of the retailer from the beginning of the week for Thanksgiving shopping. The retailer sold 150 million pounds of turkey and ham for the holiday season. The demand for ham and pies remained high throughout the month, quite evident from its selling of more than six pies per second. Notably, Pumpkin and Patti Labelle Sweet Potato Pie were the most popular items for the month.

Shopping for Black Friday started from midnight on Thanksgiving Day, with shoppers logging on...