• For Wal-Mart, it is always low prices…but sometimes, even lower.
The retailer said yesterday that it will reduce the prices on more than 15,000 items this week as a prelude to the upcoming end-of-year holiday season. The cuts are said to be 20 percent more than last year’s reductions, and include products in food, toys, and apparel.
• Wal-Mart released a report yesterday saying that an independent study revealed that “Wal-Mart saved the average family $652 over the busy October through December shopping months … in 2006, Wal-Mart saved families $287 billion, or $2,500 on average per household. Some families saved even more, depending on where they live.”
The retailer said yesterday that it will reduce the prices on more than 15,000 items this week as a prelude to the upcoming end-of-year holiday season. The cuts are said to be 20 percent more than last year’s reductions, and include products in food, toys, and apparel.
• Wal-Mart released a report yesterday saying that an independent study revealed that “Wal-Mart saved the average family $652 over the busy October through December shopping months … in 2006, Wal-Mart saved families $287 billion, or $2,500 on average per household. Some families saved even more, depending on where they live.”
- KC's View:
