Wal-Mart predicts sales to soar on boost from new stores, e-commerce

Wal-Mart also said on Wednesday that it plans to add roughly the same amount of store space in fiscal 2014 as it has planned for fiscal 2013, and will still open more supercenters than smaller stores in the United States, its largest market.

The retailer also touted strong sales at U.S. grocery stores and a big start to holiday layaway sales, Its shares close 1.7 percent higher at US$75.42 after jumping to an all-time high of US$76.81 during the annual meeting with analysts and investors.

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