In March, Reuters reported Walmart would provide financial relief to its shoppers by reportedly pressuring food suppliers to keep the wholesale prices low on everything from soda to cereal.
In April, Raymond James and Associates did its quarterly reporting on total basket items for Walmart, Target and Publix to find mixed results.
The Great Value, Walmart’s private label, “basket” increased 1.7% to $147.95. This is a new high price for the private label basket in the history of the Raymond James and Associates survey.
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