The Hard Times Cafe

Wal-Mart puts the squeeze on food costs

http://money.cnn.com/2008/05/28/magazines/fortune/kapner_walmart.fortune/index.htm

walmart

05:17, Thursday, May 29, 2008 .. Posted by Anonymous

yes, they call little local family run companies such as Smuckers (this is a true story) and say - "Give us a cheap price or else...." Even if Smucker's has to sell their product at cost to Walmart - without making profit - it's that - and help keep their employees busy and their product on the shelf or lose it.... They are very much a bully in the way they use their power. I must confess -I do buy some things at Walmart trying to use our $$ better - but I try to buy less as time goes on and only what I can't get elsewhere sometimes....