Walmart Set to Cut Grocery Prices

Blogging Stocks reports that Walmart is ready to start slashing its grocery prices, putting more pressure on its competitors. The cuts will be across all of the retailer's grocery lines.

Over the next six weeks, the mega-retailer will cut food prices and start a new advertising campaign to promote the move. Grocery stocks, on the other hand, will be running for cover over the same period. This is, as expected, a move by Walmart to keep the customer foot traffic it recruited during the recession in 2009 who now may be returning to rival competitors for purchasing their wares.

What do you think about the move by Walmart? Will we see the competitors drop their prices; and how will this effect the US economy?

Learn more: Walmart Again Vows to Slash Grocery Prices Nationwide

Wal-Mart Announces Private Label Eggs to be Cage-Free

In a move to better serve their customers by offering humane products, Wal-Mart has announced that their private label "Great Value" will only offer cage-free eggs.

"By ensuring that all of its private label eggs are cage-free, Wal-Mart is helping the egg industry move away from battery cage confinement of laying hens," said Paul Shapiro, senior director of The HSUS' factory farming campaign. "Wal-Mart's move is a positive one, and we hope its competitors follow suit."

Many supermarket chains have taken steps to increase their sales of cage-free eggs, including Harris Teeter, Winn-Dixie, Trader Joe's, Whole Foods and Safeway. National restaurant chains—including Burger King, Wendy's, Denny's, Red Robin, Quiznos, Sonic, Hardee's and Carl's Jr.—have also started using cage-free eggs.

Learn more: Wal-Mart: Private Label Eggs All Cage-Free

Walmart Turns Trash Into Pizza Boxes

In an effort to reduce waste and to recycle their private brand pizza boxes, Walmart is utilizing a new way to reduce its footprint by recycling the cardboard waste collected in its stores into boxes for it’s private-label, take-and-bake pizza boxes, according to Earth911.com.

“We’ve totally and literally closed the loop using a retailer’s own boxes to go through a paper mill and then to make corrugated boxes out of those same things again,” said Myles Cohen, president of the recycling division for Pratt Industries, the company carrying out the new program. “Quite frankly, the program with Walmart that we’re partnering on is groundbreaking [...] It’s the future.”

Walmart estimates this measure alone will save 8,600 tons of waste from landfills. Additionally, it will reduce the need to consume the equivalent of 40 million gallons of water and 125,000 trees.

Walmart Turns Trash Into Pizza Boxes