J.P. Morgan Analyst Says Wal-Mart Seen As A Winner In Grocery War

Retailers can’t afford to lose on price in today’s value-oriented world, according to J.P. Morgan retail analyst Christopher Horvers.

“I think Wal-Mart understands that,” he told members of the Northwest Arkansas retail supplier community Tuesday (Oct. 24) at the Doing Business in Bentonville breakfast.

He said some retailers are trying to run in the middle of the pack and not make the necessary investments in bridging online with brick and mortar. They think by staying in the middle there will be others ahead of them which are eaten first. Horvers said there will continue to be a shift in share among grocery and food retailers in the next few years.    MORE

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