MarketWatch reports on a new JP Morgan survey saying that Walmart raised its food prices during the past quarter more than any of its major competitors - 5.5 percent, compared to 4.6 percent at Target, 4.4 percent at Kroger, 2.9 percent at Albertsons, and 0.5 percent at Sprouts.
- KC's View:
- Sounds like this is marketing ammo for anyone who competes with Walmart and can prove that their average food price increases are lower than those imposed by the Bentonville Behemoth.