Walmart Gets Laser-Focused on Lowest Prices Again
Filed under: Company News, JC Penney, Wal-Mart Stores, Retail
Walmart (WMT) has put out an APB for shoppers: “We have the lowest prices all the time. Period.”
This week, the nation’s biggest retailer detailed its $2 billion plan to “reinvest” in low prices, expressly in areas such as food and consumables, to drive more traffic to its 3,868 U.S. stores.
During a presentation at a CIBC World Markets conference, Duncan Mac Naughton, executive vice president and chief merchandising officer, also outlined Walmart’s other key priorities: to add more…
Walmart Gets Laser-Focused on Lowest Prices Again originally appeared on DailyFinance.com on 2012-03-29T09:50:00Z.
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