Walmart Canada to stop accepting Visa credit cards | Page 2 | General financial discussion | Discussion forum

Please consider registering
guest
sp_LogInOut Log Insp_Registration Register
Register | Lost password?
Advanced Search
Forum Scope


Match



Forum Options



Minimum search word length is 3 characters - maximum search word length is 84 characters
sp_Feed Topic RSSsp_TopicIcon
Walmart Canada to stop accepting Visa credit cards
June 22, 2016
12:24 am
Loonie
Member
Members
Forum Posts: 9437
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

Gee, that's tough.sf-cry

June 24, 2016
7:39 pm
Loonie
Member
Members
Forum Posts: 9437
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

I was grocery shopping this evening at Superstore (owned by Loblaw). They have a price matching policy. The policy has recently been changed to exclude FreshCo (owned by Sobey) from price matching. They still accept No Frills (owned by Loblaw and generally in the same price and merchandise range as No Frills).

Sounds to me like another arm of the strategy embodied in the credit card wars. We were reminded in the WalMart story that No frills is one of the stores that doesn't take Visa. So, now, Loblaw is closing the net on price matching as well, taking measures that they hope encourage us to price match within the Loblaw family. There isn't much meaningful competition other than FreshCo most of the time.

I haven't checked to see if No Frills is still price matching with FreshCo.

Please write your comments in the forum.