Wal-Mart Seeks to Trim Inventory

al-Mart Stores is telling its suppliers it plans to buy less products in an effort to keep its inventory lean, Bloomberg reported Monday.

Suppliers such as consumer products giant Procter & Gamble Co., jeans maker Levi Strauss & Co. and trucking company YRC Worldwide have either cut their forecasts or lost sales since Wal-Mart outlined the plan to reduce inventory in its 3,800 U.S. stores, Bloomberg said.

Wal-Mart, the world’s largest retailer, is ranked No. 2 on the Transport Topics 100 listing of U.S. and Canadian private fleets.

Eduardo Castro-Wright, chief executive of Wal-Mart Stores USA, told analysts at a retail industry conference last month that the retailer wants to make the stores easier to shop in, Bloomberg reported.