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Is Neighborhood Market the answer to Walmart's discount challenges?

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Visiting Walmart’s latest Neighborhood Market prototype in Fayetteville, Ark., earlier this month, it struck me how compelling a proposition the format is becoming, and how it could be a powerful element of the retailer’s strategy to compete with growing competition from hard discounters such as Aldi and Lidl…READ MORE

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Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...