Wal*Mart Cuts Prices
Wal*Mart said Friday that it will cut prices on more than 15,000 items ahead of the holiday season- with cuts to its electronics inventory on the way. The current cuts are in Wal*Mart’s toys, food, and home apparel segments. The cuts represent a 20 percent drop over last year’s prices.
The company said further cuts are coming in electronics, as well as several other business segments, “in the days to come.”