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Wal-Mart Canada enters organic market
Canada
November 3, 2006

Source: money.canoe.ca via BioFach newsletter

Wal-Mart Canada is preparing to shake up the country's billion-dollar organic grocery trade with sharper competition and lower prices. Wal-Mart has issued an open call to Canadian product suppliers – especially vendors of fresh food and eco-friendly wares – to help stock its existing 272 Canadian discount stores and seven planned Ontario super centres. Organic foods are booming with growth estimated at between 15 and 20 per cent per year. Wal-Mart is planning to offer a wide array of organic products.

With about one million Canadians shopping at a Wal-Mart store every day, the retailer has the potential to revolutionize the sector. Canada imports between 80 to 90 per cent of the organic foods consumed domestically and the federal government is under increasing pressure to introduce national standards to regulate and certify products.

Source: money.canoe.ca via BioFach newsletter
http://money.canoe.ca/News/Other/2006/10/15/2032668-cp.html

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