Walmart Refuses to Bow to Pressure from Suppliers
Walmart is pushing back against industry-wide price increases, even as supply chain disruptions continue to impact retailers across the United States. The retail giants have already implemented rounds of price increases in the past year alone. Walmart is determined to keep prices low for its customers.
"Hey, you already had three rounds of price hikes last year, why are you giving us another?" Flickinger asked in a recent statement.
As consumers continue to feel the impact of ongoing supply chain challenges, it remains to be seen how retailers like Walmart will adapt and respond to the evolving landscape.
With industry experts like Burt Flickinger weighing in, it's clear that the conversation around pricing and affordability is far from over.
Read Now: Burt Flickinger's Walmart Statement
Strategic Resource Group is the lead retail and brand CPG consulting firm throughout the United States and the globe. With more than three decades of experience, our team strategically collaborates with top retail chains, wholesalers, suppliers, and investment firms. Our retail industry experts are highly skilled at illuminating retail trends, identifying opportunities to increase consumption, and growing retail sales.
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