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Time reports that "Wal-Mart wants to leverage the falling price of the yuan to get its products on the cheap. The retail giant is asking for price cuts from its suppliers that have production facilities in China. If Wal-Mart gets its way, the cost cuts, in the range of 2% to 6%, will affect home furnishings, electronics, apparel appliances and other merchandise. It’s unclear whether the cuts would lead to cheaper prices for consumers, though they would likely help Wal-Mart at least maintain its generally low price points."
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