In January 2009 Wal-Mart decided to end its contract with Cott Corporation. The phase out plan is suppose to happen over a period of three years. Wal-Mart has decided that they might need the additional space to market their own private label brands in the future. However, this phase out plan will not completely terminate Cott as a Wal-Mart supplier.
Here is a link to an article: http://www.istockanalyst.com/article/viewiStockNews/articleid/2985086
According to Cott's 2009 Annual Report sales at Wal-Mart stores have already rapidly decreased. I wonder what this decision will mean for Cott's financials over the next three years.
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