Report: Walmart in price tests
Walmart turning up the heat on prices?
The nation’s largest retailer is not going to let grocery competitors, both newer and more established ones, take away its low-price dominance.
The chain is running a price-comparison test in about 1,200 U.S. stores as it looks to close a pricing gap with such rivals as Aldi and Kroger Co., according to a report by pymnts.com.
The test is being carried out across 11 Midwest and Southern states, with a goal of finding and setting new price points for a range of products Walmart sells under its grocery banners, the report said.
Click here to read more.