Wal-Mart Stores Inc has raised average prices at its stores by about 6 percent in a month, according to a recent study in Virginia.
A check by J.P. Morgan Securities said average prices at the Wal-Mart Supercenter in Virginia were upped by 5.8 percent, the most significant sequential increase since it started the study in January 2009.
The world’s largest retailer is still the cheapest bet among supermarkets, but traditional rivals like Kroger Co and Safeway Inc are gaining ground — in July Wal-Mart had a 10.4 percent lead relative to a 16 percent lead in June, JP Morgan said.
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The prices at WalMart are right up there with the other stores. Their prices on some items like reduced calorie frozen dinners are only a few cents cheaper. Hardly worth the drive to WalMart. They few if any healthy selections in any of their departments. Name brand items are the same prices as anywhere else. Non-name brand is usually poor quality. We only shop at Walmart for HBA and wild bird food.
The prices in every store where we shop are incrementally moving up.
#Do you Want to say something?