BENTONVILLE, Ark. — The price cuts Wal-Mart Stores here made April 1 may not be as severe as supermarket operators had anticipated, though the possibility of further cuts "does leave a cloud over the group," Mark Wiltamuth, executive director for Morgan Stanley, New York, said Friday. Wal-Mart said it has cut prices on approximately 10,000 items, mostly in food and staples. The company also said in published interviews it plans to expand the number of price cuts in the coming months by ...

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