homestead AT lists.ibiblio.org

Subject: Homestead mailing list

List archive

[Homestead] Walmart puts the squeeze on food costs.

From: "Warren" <mogrits AT gmail.com>
To: <homestead AT lists.ibiblio.org>
Subject: [Homestead] Walmart puts the squeeze on food costs.
Date: Thu, 29 May 2008 17:14:03 -0400

The boys from Arkansas aren't using all their power for evil:

"(Fortune Magazine) -- 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.

"When our grocery suppliers bring price increases, we don't just accept
them," says Pamela Kohn, Wal-Mart's general merchandise manager for
perishables. To be sure, Wal-Mart (WMT, Fortune 500) isn't the only retailer
working to cut fat from the food chain, but as the largest grocer -
Wal-Mart's food and consumables revenue is nearly $100 billion - it has a
disproportionate amount of leverage. Here's how the retailer is throwing its
weight around. "

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

[Homestead] Rhubarb, Robert Walton, 05/28/2008
- Re: [Homestead] Rhubarb, SJC, 05/28/2008
  - Re: [Homestead] Rhubarb, Robert Walton, 05/28/2008
    - Re: [Homestead] Rhubarb, SJC, 05/28/2008
  - Re: [Homestead] Rhubarb, Lisa K.V. Perry, 05/29/2008
    - [Homestead] was Rhubarb, now dehydrators, SJC, 05/29/2008
      - Re: [Homestead] was Rhubarb, now dehydrators, Lisa K.V. Perry, 05/29/2008
        
        Re: [Homestead] was Rhubarb, now dehydrators, Gene GeRue, 05/30/2008
- Re: [Homestead] Rhubarb, Roy Morgan, 05/28/2008
- [Homestead] Walmart puts the squeeze on food costs., Warren, 05/29/2008
  - Re: [Homestead] Walmart puts the squeeze on food costs., Lisa K.V. Perry, 05/29/2008