Wal-Mart 'urgent' memo urges improvement at U.S. stores
Wal-Mart stores Inc issued an "urgent agenda" memo to its store managers across the United States last month, laying out guidelines to boost sales of "chilled and fresh" food, the New York Times reported.
The memo, marked "highly sensitive", asks Wal-Mart marketing managers to make sure they discount aging meat and baked goods to maximize chances of selling them before their expiration dates, according to the report. (http://nyti.ms/1v1YwHO)
Wal-Mart, which has posted six straight quarters of flat or declining same-store sales growth, has been battling a stronger dollar and a reduction in U.S. food stamp benefits, which has eaten into the budget of the retailer's core customer base.
https://ca.news.yahoo.com/wal-mart-urgent-memo-urges-improvement-u-stores-134351731--business.html