BUSINESS
09/25/2013 01:57 pm ET

Walmart Cutting Orders To Reduce Excess Inventory

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Wal-Mart Stores Inc. (WMT) is cutting orders it places with suppliers this quarter and next to address rising inventories the company flagged in last month’s earnings report.

Last week, an ordering manager at the company’s Bentonville, Arkansas, headquarters described the pullback in an e-mail to a supplier, who said others got similar messages.

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