Wednesday, May 17, 2017

Walmart preps for next competitive threat

Executives at Walmart are planning their next move in anticipation of its newest rival — and asking suppliers to support their cause.
 
The European grocer Lidl, which has a track record for disruption, is preparing to open its first 20 United States-based stores this summer. The first locations are set to open their doors in the next few weeks. As a result, Walmart is asking suppliers to keep their prices low, according to the Consumerist.. . . more

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