Wal-Mart Lowers Prices on Toys Again
Stock quotes in this article:WMT
BENTINVILLE, ARK. (TheStreet) - Wal-Mart Stores (WMT)is remaining true to its mission to be the price leader this holiday season, as it rolls out a second round of price cuts on toys.
The behemoth retailer said it will reduce prices 20% to 30% on another 100 toys, including the Buzz Lightyear talking action figure and Rocky the Robot. These new prices will be available through Christmas, or while supplies last. Previously Wal-Mart announced it will offer 100 toys for $10 during the holiday season. The discounter is also lowering prices on other items like books and said it will roll-back prices on select items every week until Christmas. As Wal-Mart continues to lower prices, rivals are following suit, launch something of a holiday-season price war. In September Target(TGT) reduced prices as much as 50% on popular toys and announced on Friday that it is expanding its free shipping offer. Now shoppers can get free shipping on 50% more items on the retailers Web site. Amazon(AMZN) is offering a similar promotion when it comes to books, slashing prices on popular new hardcover releases.TheStreet Premium Services For Personal Service: 877-471-2967
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