date:Jan 13, 2014
The countrys second-largest supermarket chain, which added 213 stores in Western Canada when the deal closed, in early November, has told suppliers of food and other merchandise they will have to shave their prices by 1 per cent, retroactive to Nov. 3 a move that observers say could prompt rival grocers to follow suit.
The demand reflects the tightening grip of big retailers in the grocery sector and the severe competitive tension in the food business. U.S. discount giant Wal-Mart Stores Inc.