Wal-Mart says looking at suppliers to help lower costs

April 1, 2015 3:05 PM

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Wal-Mart says looking at suppliers to help lower costs

(Reuters) - Wal-Mart Stores Inc (WMT.N) is looking at how it sources its products in an effort to reduce prices, especially as commodity prices fall globally, the head of the its U.S. division said on Wednesday.

Speaking at a briefing for analysts and investors, Greg Foran said the company had launched several projects aimed at re-establishing price gaps over its rivals, including looking at how it works with its suppliers.

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