Walmart increases product safety concern, statement alarms suppliers
By Rick Weaver, Examiner
April 5th, 2010
Walmart (formerly Wal-Mart) has once again put suppliers on notice they will be conduct SKU rationalization once again this year. In a statement included in this year’s 10-K filing with the Securities and Exchange Commission says the world’s largest retail chain has identified suppliers that may be a risk factor for the chain. Trimming product lines and/or eliminating suppliers obviously alarms current suppliers – but it is comforting news for local competitors.
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