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  • Goldman Sachs has published a report saying that as Wal-Mart opens supercenters in California, its grocery prices have been consistently lower than most supermarkets, often by 10 percent or more, even as these supermarkets have cut prices to better compete.

    The study says that Wal-Mart was priced 19.5 percentage points below Stater Bros., 25.4 percentage points under Kroger, 32.8 percentage points lower than Albertsons, and 37.6 percentage points cheaper than Safeway.

    Wal-Mart’s goal is to open 40 supercenters in California by 2007.

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