Wal-Mart, Home Depot Roll Out Red Carpet for Tax-Cut Crowd
Facing a sagging consumer economy, two big retailers find themselves in a frenzy to cash in on the Bush tax cut.
In a statement issued Wednesday, Wal-Mart, the world's largest retailer, said, "We're providing this service for the convenience of our customer." Of course, the company wouldn't mind if customers dropped some benjamins while they're at it, by converting the rebates into shopping cards or simply using the proceeds to buy merchandise.
Home Depot, meanwhile, recently launched an advertising campaign offering consumers a similar service. This follows a study the company conducted that claimed 30% of the nation's homeowners are preparing to invest their rebates in home improvement.Home Depot and Wal-Mart were already
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