Wal Mart Back on Top

According to a recent New York Times article Wal Mart has found a way to make a name for itself even in this draining economy. While other retailers sales and share values have declined Wal Mart's has surprisingly risen. A recent New York Times article by Stephanie Rosenbloom states “We believe falling gas prices significantly boosted household disposable income in February and therefore allowed for both more trips and more spending toward discretionary categories,” Wal-Mart said in announcing its results. ".
And they couldn't be more right. Because gas prices are lower families do have more money, however not enough to blow on large items. Wal Mart can make a killing in this situation if they keep up their customer satisfaction and merchandise mix.
If you are interested in reading more about Wal Mart and how they stay afloat- and are helping other retailers do the same check it out at http://www.nytimes.com/2009/03/06/business/economy/06retail.html?_r=1&scp=1&sq=retailing&st=cse