Wal-Mart increases lead atop Fortune 500

By JUSTIN BACHMAN AP Business Writer Published:

NEW YORK Wal-Mart Stores Inc. solidified its position atop the Fortune 500 rankings as the nations need for affordable staples boosted the retailers revenue in 2002. Wal-Mart held the top spot for a second consecutive year on the list, which ranks publicly traded companies based on their revenues for the year.