McNaughton said Wal-Mart plans to invest $6 billion in retail pricing by 2017 — after telling investors a year ago it would invest $2 billion in price through 2014. Though the investments will be broad-based, they will primarily be in food and consumables, he noted. Wal-Mart will deliver on that promise “through productivity initiatives, logistics initiatives and cost-of-goods savings,” he explained. Efforts to invest in price leadership through its “Ad ...
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