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In reply to the discussion: Why Walmart is the leader in low wages? [View all]leftyohiolib
(5,917 posts)re: walmart's pricing
Well it turns out that Walmart's prices are low but not necessarily lower than everybody else.
Arch-rival Target, who has continued to make gains at Walmart's expense, may actually beat out Walmart when it comes to lower prices, according to recent studies.
Customer Growth Partners, a retail consulting firm, compared the two retail giants' prices on 35 brand-name items across three categories in stores located in Indiana, New York and North Carolina. Based on consolidated results, Target beat Walmart by about two dollars.
The Consumerist blog, owned by the Consumers Union, quotes the president of Customer Growth Partners as saying, "For the first time in four years, our price comparisons between the two has shown that Target has a slight edge over Walmart. Target stepped up its game during the recession... The company caught up with Walmart on making its supply chain more efficient so it could bring down prices on items people frequently buy."
source: http://www.brandchannel.com/home/post/2011/04/27/Target-Walmart-Prices.aspx
those who dont know history (and those who do ) are doomed to relive it anyway-- me