Wal-Mart asks suppliers to help cut prices

April 2, 2015 5:35 AM

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NEW YORK — Wal-Mart is asking suppliers to cut back on advertising spending in its stores as it seeks lower prices on goods that it sells to its own customers.

The request comes as the world’s largest retailer, based in Bentonville, Ark., looks to reclaim its position as the low-price leader and perk up sluggish sales in the United States.

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