Wal-Mart Cuts Don't Widen Price Gap: Analyst

The price cuts Wal-Mart Stores made April 1 may not be as severe as supermarket operators had anticipated, though the possibility of further cuts "does leave a cloud over the group," Mark Wiltamuth, executive director for Morgan Stanley, New York, said Friday.

BENTONVILLE, Ark. — The price cuts Wal-Mart Stores here made April 1 may not be as severe as supermarket operators had anticipated, though the possibility of further cuts "does leave a cloud over the group," Mark Wiltamuth, executive director for Morgan Stanley, New York, said Friday.

Wal-Mart said it has cut prices on approximately 10,000 items, mostly in food and staples. The company also said in publis

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