So they increase prices for food.... in this one case I like Walmart for creating the tension.
Latest Developments
AP Photo
Wal-Mart Blamed for Stunted Food Prices
(Reuters) - Americans may have noticed that their grocery bills have remained fairly stable, but it may surprise supermarket shoppers to learn that they have retail giant Wal-Mart to thank for keeping a lid on prices. At an industry conference in Scottsdale, Arizona, this week, makers of foods from cereal to soup lamented the difficulty of raising prices on such household staples when discounters like Wal-Mart Stores Inc. wield so much power over the grocery market.
Latest Developments
AP Photo
Wal-Mart Blamed for Stunted Food Prices
(Reuters) - Americans may have noticed that their grocery bills have remained fairly stable, but it may surprise supermarket shoppers to learn that they have retail giant Wal-Mart to thank for keeping a lid on prices. At an industry conference in Scottsdale, Arizona, this week, makers of foods from cereal to soup lamented the difficulty of raising prices on such household staples when discounters like Wal-Mart Stores Inc. wield so much power over the grocery market.