Walmart’s Mexico unit is punishing food suppliers also selling groceries to Amazon — causing some to pull their products from Amazon’s marketplace:
This is an excerpt from a story delivered exclusively to Business Insider Intelligence E-Commerce Briefing subscribers.
Walmart declined to discuss its competition with Amazon in Mexico or the suppliers' allegations, telling Reuters that it doesn't dictate what companies vendors can do business with while acknowledging that it always presses for the lowest prices, particularly if competitors are offering a better deal.Walmart's size in Mexico may give it the leverage to steer suppliers away from other retailers for the time being.
Therefore, Walmart is in a good position to discourage sellers from working with other marketplaces, hampering Amazon's progress into the market. If the competitive supermarket landscape shifts in the future, alienated suppliers may choose to work with other retailers. For wholesalers, being punished by Walmart because a different retailer they work with decided to sell their products at a lower price point — something they had no control over — is likely a bitter pill to swallow.
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