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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (84218)	11/5/2004 3:45:28 PM
From: LindyBill	Read Replies (2) \| Respond to of 793883

Always Low Prices -- Always. The Best and the Worst about Wal-Mart. WM Enters and Big Grocers Cut Prices By Kevin on Prices This is how WM benefits the everyman: Giant Eagle Inc. will cut prices on about 3,000 brand-name items to keep pace with competition from Wal-Mart, the supermarket chain announced. The average 7 percent discount should save customers about $35 million a year, said officials with Giant Eagle, based in the Pittsburgh suburb of O'Hara Township. The company has 221 stores in western Pennsylvania, Ohio, West Virginia and Maryland. Correct me if I'm wrong, but an average seven percent price reduction is a tremendous markdown for a grocer.