Let's Go Grocery Shopping... at Wal-Mart? | Steadfast Finances

Let’s Go Grocery Shopping… at Wal-Mart?

Filed in Consumer Education , Frugal Living 0 comments

Here’s a first for me… I actually found myself saying “I should shop more at Wal-Mart” while reading this NYT article on the mega-retailer pushing for cost reductions on healthier foods.

The plan, similar to efforts by other companies and to public health initiatives by New York City, sets specific targets for lowering sodium, trans fats and added sugars in a broad array of foods — including rice, soups, canned beans, salad dressings and snacks like potato chips — packaged under the company’s house brand, Great Value.

The changes will not happen overnight. Wal-Mart is pledging to reduce sodium by 25 percent, eliminate industrially added trans fats and reduce added sugars by 10 percent by 2015. Its other plans are less specific. In addition to proposing to lower prices on healthy foods, Wal-Mart is planning to develop criteria, and ultimately a seal, that will go on truly healthier foods, as measured by their sodium, fat and sugar content.

In addition, Wal-Mart will work to eliminate any extra cost to customers for healthy foods made with whole grains, said Leslie Dach, Wal-Mart’s executive vice president for corporate affairs. By lowering prices on fresh fruits and vegetables, Wal-Mart says it will cut into its own profits but hopes to make up for it in sales volume. “This is not about asking the farmers to accept less for their crops,” he said.

I’m somewhat opposed to shopping at Wal-Mart for the standard small business reasons and I’ll always give preference to a farmer’s market over any grocery store chain, but if Wal-Mart is serious about putting some real effort — not just the headline grabbing PR or marketing chicanery — then I might become a regular at my local Wal-Mart. Let’s hope it also helps with the rising food inflation problem.

Source
New York Times
Sheryl Gay Stolberg
Wal-Mart Shifts Strategy to Promote Healthy Foods

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Posted by Corey   @   25 January 2011 0 comments
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