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Report: Walmart in price tests

2/27/2017

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.



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