Citing pricing issues, Wal-Mart to cut banana orders from Chiquita by a third
Citing pricing issues, Wal-Mart to cut banana orders from Chiquita by a third
A June 7 U.S. Securities & Exchange Commission filing by Chiquita Brands International in Cincinnati brought to light news that the nation's largest retailer, Wal-Mart, cut its Chiquita banana orders by 33 percent.
Chiquita corporate spokesman Mike Mitchell told The Produce News that the lost business "is not new," with the Wal-Mart business having been lost in December over pricing differences. A new contract went into effect on May 1.
Chiquita corporate spokesman Mike Mitchell told The Produce News that the lost business "is not new," with the Wal-Mart business having been lost in December over pricing differences. A new contract went into effect on May 1.