(VALLEYNEWSLIVE) — Walmart was ranked at the bottom of the pile in Consumer Reports' annual supermarket survey, tying with A&P and Waldbaum's. All three retailers earned 64 points, the lowest out of more than 60 supermarket chains that were ranked based on almost 63,000 responses to the magazine's survey.
The abysmal ratings for Walmart come at a time when the retailer is struggling with poor consumer perception and lagging sales, which have sent shares down 6 percent so far this year. Walmart is responding by putting pressure on suppliers to cut costs, hoping to regain consumers through low prices.
But Consumer Reports notes that customers already score Walmart higher on price, while it's suffering in almost every other category, ranging from service to the quality of produce.
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