Wal-Mart will cut orders amid rising inventories

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Source: Bloomberg
© Scanpix/Reuters
Wal-Mart Stores Inc., the biggest reseller company in the world, plans to decrease its orders for a number of products, as inventories have risen to their limit, while sales amounts do not keep up with supply. Moreover, rising inventories have already decreased company's profit in the second quarter of 2013. Wal-Mart Stores Inc. shares are trading down 0.07% to $74.60 at 17:00 GMT in New York.
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