Skip to comments.Wal-Mart announces second round of toy price cuts
Posted on 11/02/2009 2:43:20 AM PST by TigerLikesRooster
Wal-Mart announces second round of toy price cuts
By: Reuters | 02 Nov 2009 | 12:23 AM ET Text Size
By Nicole Maestri
NEW YORK (Reuters) - Wal-Mart Stores Inc on Monday announced its second round of price cuts on toys as the world's biggest retailer backs up its intention to be the "price leader" this holiday shopping season.
U.S. Walmart stores are cutting prices on 100 toys, like the Buzz Lightyear talking action figure and Star Wars light sabers, by roughly 20 percent to 30 percent.
The cuts are in addition to ones the retailer implemented at the end of September, when it began selling 100 toys for $10 each
(Excerpt) Read more at cnbc.com ...
Well, take this news with a grain of salt since our local Walmart proceeded to jack up its prices after Kay-B-Toys went out of business. So these new rollbacks will just set the prices back to where they were in June.
I doubt this comes out of Walmarts margin. They pass the savings on to their suppliers.
So they are still lower than they were from Kay-B-Toys? Where is the loss to the consumer?
Cheap plastic junk made in China that has nothing to do with what Christmas is, a distraction away from the Christian idea of salvation setting the little kiddies up for a celebration of greed, envy, and gluttony while the adults can safely occupy themselves with the same as well as added debaucheries of drunkenness, adultery and credit card debt! (Don't forget to mention parking lot road rage and general rudeness and the brawling over special flash sale items!)
Merry f-ing X-mas! Go ahead, ask me why I am pessimistic...
No, our local K-Bee had them beat.
I can probably guess, but if you'd like someone that you can vent to, go ahead and let it out, FRiend!
BTW, there are 2 Walmarts in close proximity to me. When I mention to my kids that I'm "going to Walmart" they ask,"Which one? White Walmart or Spanish Walmart".
The "Spanish Walmart" is near a large Hispanic population, and has been over run with teens and welfare moms, with screaming kids running wild everywhere. And English is a second or third language.
My apologies to anyone who thinks this post is racist, but I am telling the truth. If you went there you'd see for yourself how out of control it is. I only go there if I need something and it's much closer than the other one.
And I would never go there at night.
We used to get them at Kay-B-Toys for $5.96, while they were $6.96 at Walmart. After K-Bee closed its doors, Walmart then jacked the price up to $7.86 (as of this weekend). I also noticed that the prices of other toys like Transformers and Hot Wheels have also increased at Wally world.
Still isn’t going to get you those layaway sales you were so insightful to stop. Credit is frozen, or people aren’t using cards that charge $100 a year to use with 30% interest rates.
Kmart, in the locations left open, will probably do well this year.
Sounds like the Walmart in Frederick, Maryland. I stopped there Friday night on the way home from work (for trick-or-treat candy), and could have sworn that I was in Mexico City.
Oh yeah isn’t WalMart wonderful? Let me do a quick Eco 101 or what should be called putting other companies out of business the WalMart way.
WalMart will cut prices to look good during so-called economic tough times. In fact, we took a stroll through a local WalMart a couple of weeks ago doing price comparison. Overall, WalMart was not cheaper on most items maybe a nickel cheaper on some items. The stores are nasty, customer service is horrible, and the meat is shipped in already packaged and frozen.
Politically speaking, WalMart gave millions to the Obama campaign and has backed Obama on Socialized Medicine so they will NOT have to pay taxes. To be honest, WalMart is that corporation that everyone has warned us about all the while enjoying the poor people (foodstamps, medicade,and other govt, programs) that make them untouchable because they are nothing more than a Corporate Welfare company.
Oh and their products come from “CHINA”.
WAKE UP AMERICA!!!
I have several paragraphs more... but I'm sure you get the idea clearly...
I refuse to participate in the whole affair just like the Satanic holiday of Halloween. Some people are actually offended that I don't care for the goblins, ghoulies and celebration of the macabre.
The Texas Chainsaw Massacre and Freddy Kruger/Jason slasher films have been done to death...
I actually saw newspaper articles by Wall Street wizards claiming Halloween purchases would save the economy. Devil worship will save the U.S. economy? Sounds like voodoo economics to me!
>”and the meat is shipped in already packaged and frozen.”
Well, yes and no.
YES, its shipped in pre packaged.
NO, its not shipped in frozen.
Fresh meat is shipped fresh. If its frozen at the store, thats the way its received. If its NOT frozen at the store, again, thats the way its received, with the exception of some sausage which is shipped frozen to maintain its freshness.
I would for a tire or something like that late at night, but then again, I'm a big ugly cowboy with a Colt Python...
Keep buying WalMart and supporting the spread of Socialized Globalization.
I agree but to be truthful, "Christ" has been out of Christmas for a very long time and cannot be blamed on a retail operation in the smallest way.