Thursday, April 20, 2017

Lower Prices at Wal-Mart: Good for Shoppers, Bad for Grocers

Wal-Mart’s fight to defend its low-cost reputation is helping to extend the longest food-price decline in decades. The world’s biggest retailer is investing heavily to lower prices in its U.S. stores, as competition heats up against Amazon.com and European deep discounters Aldi and Lidl. But the price war is hurting the nation’s biggest grocers.

from WSJ.com: US Business http://ift.tt/2o7yENh
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