Walmart Is Trying to Keep Grocery Prices Down By Doing This

Walmart pledged to keep certain products lower once the season began and people returned to stores last summer.

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America's largest retail business says it will keep its word again months after inflation hit a 30-year high.

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Walmart's CFO, Brett Biggs, told CNBC that research shows shoppers are worried about rising pricing, which is true. Biggs said in a recent

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earnings call that they are attempting to keep costs low but have had to boost some pricing due to inflation. Walmart is keeping the

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number of Rollbacks and deals inside shops the same as last year to keep customers shopping.

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"Even though you may get costs being passed along in one part of the basket, you may be able to do some things in the other part of the basket

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Walmart CEO Doug McMillion said the business is also talking to larger competitors that raised pricing due to increasing salaries and

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manufacturing costs. He told CNBC, "The amount of communication between us and suppliers is always high." "It's particularly high right now."

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Walmart seeks to prove its low-price leadership by selling other things. Meat is being secured, but the sale's items are unknown.

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