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Wal-Mart is killing grocery stores, Wal-Mart's grocery accounts for almost 53 percent of overall revenue. There has been a large amount of food deflation over
by ZoeZoeBee 9y ago
Wal-Mart is killing grocery stores, Wal-Mart's grocery accounts for almost 53 percent of overall revenue.
There has been a large amount of food deflation over the past few years, the nation's largest Grocer Kroger cites Wal-Mart as a large contributing factor to this.
http://www.businessinsider.com/walmart-is-cutting-prices-2017-4 http://www.businessinsider.com/walmart-is-cutting-prices-201...
Grocers margins are already razor thin, have you been paying attention to Kroger's stock price