Wal-Mart Sees Less Inflation ‘Pass-Along’

Wal-Mart Stores yesterday said it believes it is raising its retail grocery prices less than its competitors to cope with inflation.

BENTONVILLE, Ark. — Wal-Mart Stores here yesterday said it believes it is raising its retail grocery prices less than its competitors to cope with inflation. In a conference call discussing earnings for the fiscal fourth quarter and year that ended Jan. 31, Eduardo Castro-Wright, president and chief executive officer of the Wal-Mart Stores division, said the company saw cost inflation in “grocery food categories, including dairy, meats and bread. We believe, however, that the rate of inflatio

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