Published on Northloop Neighborhoods (http://northloop.14gram.com)
Wal-Mart puts the squeeze on food costs
By admin
Created 05/29/2008 - 3:27am

With gas, grain, and dairy prices exploding, you'd think the biggest seller of corn flakes and Cocoa Puffs would be getting hit by rising food costs.

But Wal-Mart has temporarily rolled back prices on hundreds of food items by as much as 30% this year. How?

By pressuring vendors to take costs out of the supply chain.

[1]


Source URL (retrieved on 11/22/2008 - 10:53am): http://northloop.14gram.com/wal-mart-puts-squeeze-food-costs

Links:
[1] http://rss.cnn.com/~a/rss/money_topstories?a=l0YGig