Are you ready for the grocery price wars?

In an effort to generate more traffic into its stores, walmart will be dropping prices on 10,000 grocery items on April 1. This is good news, because other stores will also reduce prices on food, but what will this mean, in the long run, for traditional grocery stores? I know that with the current economical climate (despite what some say about the recession being over), most people have their eyes on the bottom line, but I am not so sure that if we have mostly walmart and super walmart selling food when the smoke clears, if that would be such a good thing.

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