Wal-Mart puts the squeeze on suppliers to share its pain as earnings sag

Wal-Mart puts the squeeze on suppliers to share its pain as earnings sag
October 30, 2015 Reuters.com
Wal-Mart

Reuters reports that suppliers of everything from groceries to sports equipment are being squeezed for price cuts and cost sharing by Wal-Mart Stores. Moreover, they are bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week. The discount store has always had a reputation for demanding lower prices from vendors, but Reuters has learned that even by its standards – Wal-Mart has been turning up the heat on them this year. Reuters discusses in more detail.

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