6/26

Good piece in the Wall Street Journal addressing how Walmart is deploying price competition to hold and grow its share of the grocery market.  One excerpt:

The world's biggest retailer is investing heavily to lower prices in its U.S. stores, the company's executives say, as competition heats up against Amazon.com and European deep discounters Aldi and Lidl.  Walmart is spending to beat competitor's prices and test strategic price drops, mostly on food and household goods sold at Walmart stores in the Southeast and the Midwest...

The story suggests that the intensity of grocery competition is a major element in the price deflation experienced for food-at-home.  In 2016 prices fell by 1.3 percent, according to the Labor Department.