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Jun 08 2010

Rival Chains Secretly Fund Opposition to Wal-Mart

Rival Chains Secretly Fund Opposition to Wal-Mart

[...] in scores of cases, large supermarket chains including Supervalu Inc., Safeway Inc. and Ahold NV have retained Saint Consulting to block Wal-Mart, according to hundreds of pages of Saint documents reviewed by The Wall Street Journal and interviews with former employees. Supermarkets that have funded campaigns to stop Wal-Mart are concerned about having to match the retailing giant’s low prices lest they lose market share.