|
Wal-Mart Purchase Means Lower
Priced Milk Beginning Today
The purchase by the giant U.S.
retailer Wal-Mart of controlling
shares of Central American
Retail Holding Company (CARHCO),
which operates the Más x Menos,
Hipermás and Maxi Bodega
supermarkets in Costa Rica, can
be felt by consumers beginning
today.
Wal-Mart Costa Rica, the new
name for CARHCO, will be
offering milk under the Sabemás
brand at a price of 10% lower
than the main milk distributor
Dos Pinos.
Wal-Mart Costa Rica also owns
the discount supermarket chain
Palí, but the milk won't make it
into those stores until June.
Sabemas is a brand name
exclusively found at the
Wal-Mart Costa Rica stores and
is the first product by the
multinational to have its prices
slashed. Wal-Mart Costa Rica is
committed to slashing prices of
many more products in the coming
months.
Wal-Mart Costa Rica predicts
that it's private milk label
will capture at least 30% of the
national market. The low priced
milk is being provided by the
Cooperativa Agropecuaria
Regional de Productores de Leche
which has a contract for 10.000
litres of milk in the first
stage. The Sabemás brand milk is
expected to be sold in
supermarkets in Central America
owned by Wal-Mart.
The move will also have a great
social impact as it guarantees
production purchases from some
118 small dairy farmers in the
areas of San Ramón, Guatuso,
Zarcero, Tilarán, San Carlos,
Esparza and Miramar.
|
|

Sabemás milk is sold
exclusively in Wal-Mart Costa Rica stores (Más x Menos, Hipermás,
Maxi Bodega and Palí) and at 10% lower than leading competitor Dos
Pinos. |
|
|
|
|
|
|