Retailers get tough with suppliers — Wall Street Journal

Major retailers, including Walmart, are driving hard bargains with suppliers:

Walmart, with its outsize buying power, isn’t new to tough supplier negotiations. The Bentonville, Ark.-based company helped shift the balance of power away from large makers of consumer goods to retailers on its path to becoming the country’s largest retailer, with roughly 4,700 U.S. stores and $572.8 billion in annual revenue.

P.S. Everyday low pricing is the keystone of Walmart’s philosophy. As a supplier, you need to do your part to keep costs down. Our classes can help you, and your team, work smarter. Check out our offerings today.