Walmart is turning its spending power as the economy slows down.

On Sunday, November 13,  Giant Superstore Walmart is advising its suppliers, that the company is no longer going to pay increased prices to stock its supply shelves. 

Walmart's competitors are embracing a parallel stance and have begun canceling supply orders, fighting price growths, and requesting suppliers for a price break.

The Pressure heightens for product makers that are laboring to adjust to the changing customer supply and demand. In addition, this business shift could also add to decelerating of inflation, for frontline vendors of buyer spending, including Walmart, Target, and Home Depot are scheduled to report their profits this week.

Written by Anita Johnson-Brown

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