LAS VEGAS — Riesbeck's Food Markets, St. Clairsville, Ohio, has increased its price gap with Wal-Mart Stores over the past 18 to 24 months “because our prices were running too close to parallel,” Leo Braido, director of sales, marketing and store management, told a workshop audience here yesterday during the National Grocers Association's annual convention.
The gap, which originally was between 6% and 10%, is now between 10% and 15%, he said.
Wal-Mart takes between 60 and 80 items “and ...
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