Kroger: Wal-Mart Becoming More Promotional

NEW YORK — Wal-Mart’s aggressive new price campaign has it behaving more like a promotional supermarket and less like an everyday discounter, at least according to the estimation of one competitor.

NEW YORK — Wal-Mart’s aggressive new price campaign has it behaving more like a promotional supermarket and less like an everyday discounter, at least according to the estimation of one competitor.

“We watch Wal-Mart as closely as we watch anybody, if not more because they’re so big,” Michael Schlotman, chief financial officer of Kroger