Market News
05Sep2008 |
Wal-Mart Cuts Staple Food PricesWal-Mart Stores Inc. said it would cut prices on bread, milk, butter and eggs in the province of Ontario, putting pressure on its rivals. The discount retailer said price cuts of up to 35% on staple foods in some locations would help consumers in the heavily industrialized province. Of its 104 stores in the province, 22 are Supercentres with a broad range of groceries, with the remaining traditional stores carrying a more basic selection. http://ca.reuters.com/article/businessNews/idCAN2939973620080829 Source: Canadian Grocer E-Newsletter, September 5, 2008 
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