FAYETTEVILLE, Ark. (FNS) -- Wal-Mart Stores aims to snare the market penetration in food that it has achieved in hard- and soft-line goods, John Menzer, chief financial officer, told about 17,000 shareholders, store associates and analysts at the company's annual meeting here. The retail giant, which posts more than a 10% market share in many nonfood categories, plans to ramp up its food share through swift supercenter expansion, chiefly through conversions of its discount stores, he said. ...
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