Pure Mavens

http://online.wsj.com/article/SB124766892562645475.html

This Walmart sustainability announcement is a pretty big deal. The key question is whether Walmart – notorious for merciless price pressures on manufacturers – will really step up and partner with its suppliers, or just pinch them further into the vice of price pressure. They should act in a meaningful way, since it’s Walmart price pressure that’s resulted in so many Chinese, irresponsibly-manufactured products in the name of “everyday low prices.” Will they really change their tune? Since Walmart sells about 30% of the products in just about any category they carry, it will make a tremendous impact – one way or the other…