Wal-Mart cutting orders as unsold merchandise piles up
Wal-Mart Stores Inc. is cutting orders it places with suppliers this quarter and next to address rising inventory the company flagged in last month's earnings report. Recently, an ordering manager at the company's Bentonville, Ark., headquarters described the pullback in an email to a supplier, who said others got similar messages.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063