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Wal-Mart to cut prices weekly through holidays

bigjimslade

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in 2009

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bigjimslade

bigjimslade

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http://walmartstores.com/FactsNews/NewsRoom/9450.aspx

 

 

Walmart Announces Hundreds of Millions of Dollars in Price Reductions

 

 

BENTONVILLE, Ark., Oct. 21, 2009 – With a commitment to save American shoppers more than ever this holiday season, Walmart (NYSE:WMT) announced it will offer weekly deep savings events and new everyday low prices on thousands of items across the store, starting today through the holiday period. Each week, Walmart will announce new pricing reductions, beginning with select items in groceries and entertainment.

 

"Many of these prices represent the lowest we've offered in years, because we know these are tough times for American families," said Eduardo Castro-Wright, vice chairman, Wal-Mart Stores, Inc. "We made a purposeful decision to focus initially on everyday staples as well as items that often require larger spending commitments in preparation for Thanksgiving and Christmas."

 

Recently, 75 percent of Walmart customers said they agreed it was important this year to find more affordable ways for making the upcoming holiday season successful, with many customers saying they even plan to cut down on the amount spent on individuals on their gifting lists. Walmart’s commitment aims to put holiday savings in every home. For example, starting this week Walmart stores nationwide and Walmart.com (www.walmart.com) will lower prices on select frequently purchased groceries and popular toys, including:

 

* Rolls of 73% lean ground beef - $1.25 per pound (26% savings)

* Bananas - $0.39 per pound (27% savings)

* Spring Valley 500 mg chewable vitamin C (60 count) - $2 (60% savings)

* Bakugan traps - $5 (36% savings)

* Select board games, kids activity kits and Hot Wheels sets -- $15 (17% to 25% savings)

* Ripstick - $49 (27% savings)

 

“America is depending on Walmart to make the holidays affordable and we are responding with a selection of stunning price reductions,” said John Fleming, Walmart U.S. chief merchandising officer. “We sell items for every holiday purchase occasion, so we’re perfectly positioned to help -- from quality food for holiday meals, to preparing the home for guests, to the toys under the tree.”

 

These price cuts will only increase the savings that Walmart grocery shoppers experience each and every week. According to recent price audits, Walmart’s prices for frequently purchased grocery items averaged at least 14 percent less than the leading national supermarkets on the same items.

 

Because of the operational improvements Walmart has made through its remodeling program of stores across the U.S. and faster service at checkout, customer satisfaction scores are at an all-time high.

 

“We’re excited about the season because the shopping experience in our stores is better than ever,” said Bill Simon, Walmart U.S. chief operating officer.

 

About Walmart

Every week, millions of customers visit Walmart stores, Neighborhood Markets, and Sam’s Club locations across America or log on to its online store at www.walmart.com. The company and its Foundation are committed to a philosophy of giving back locally. Walmart is proud to support the causes that are important to customers and associates right in their own neighborhoods, and last year gave more than $378 million to local communities in the United States. More information about Walmart can be found by visiting www.walmartstores.com.

 

###

 

1Based on responses from 1,000 Moms who shop at Walmart. Research conducted by Lynx Research Consulting for Walmart in September 2009.

 

2Grocery items not available for purchase at Walmart.com.

 

3Prices may vary in OK and WI; all “was” pricing based on an average of Walmart’s national everyday low prices.

 

4Savings based on weekly price audits on 249 comparable items at the leading national supermarkets conducted from 8/29/09 to 9/25/09; excludes produce, meat and random weight items. Savings at individual stores may vary.

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fluffkin79

fluffkin79

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Awww, I heard a blurb on the news this morning. All I really caught was something about bananas and lean ground beef rolls for 1.25. I was hoping it was 80/20 beef (or better), 73% is not lean IMHO. Where are we going to be able to see what is rolled back each week?
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bigjimslade

bigjimslade

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I dont know. I will keep my eyes on the WM Press Site and post if I see anything else.

 

Awww, I heard a blurb on the news this morning. All I really caught was something about bananas and lean ground beef rolls for 1.25. I was hoping it was 80/20 beef (or better), 73% is not lean IMHO. Where are we going to be able to see what is rolled back each week?

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amyers12345

amyers12345

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Here's today's update:

 

New toy savings join 100 toys for $10; low prices last through holiday season

 

BENTONVILLE, Ark. (Nov. 2, 2009) – From licensed toys to active-play items, Walmart announced today 100 additional toy Rollbacks in its intent to help families save more this holiday season. This week in all stores and online at Walmart.com, the prices of more than 100 toys will be rolled back, many at an additional 20% and 30% savings, and will last through the Christmas shopping period. This new savings effort is in addition to Walmart’s 100 toys for $10 pricing previously announced, and brings to shoppers additional savings on many more of this season’s hottest toys.

 

Moms typically begin making their purchases earlier in preparations for Christmas. According to Walmart customer research, more than 50 percent of moms aspire to have all their holiday shopping completed by Thanksgiving. In addition, half of these moms say they will purchase toys as part of their gifting plans.1

 

“We’ll offer aggressive pricing on toys this season to ensure moms can afford the gifts that help create a holiday their kids will remember,” said Laura Phillips, vice president of Toys, Walmart. “We believe moms are looking for toys that not only fulfill their children’s holiday wishes, but also create opportunities for role play, pretend and family togetherness.”

 

Walmart’s latest toy rollbacks* include popular licensed toys, interactive toys, favorite games, active role play items and more. A few samples of these additional savings include:

 

* Bakugan starter pack – $8 (33% savings)

* Rocky the Robot** – $49 (17% savings)

* Buzz Lightyear Talking Action Figure** – $29 (17% savings)

* Star Wars Light Saber – $15 (25% savings)

* Barbie “I Can Be” Playsets with Doll – $15 (25% savings)

* Playskool Step Start Walk ‘N Ride or Ball Popper – $17 (32% savings)

* FurReal Friends Lulu My Cuddlin’ Kitty – $38 (24% savings)

* Air Hogs Laser Zero Gravity** - $29 (28% savings)

* Fisher-Price Power Wheels Kawasaki KFX Ride-On – $178 (10% savings)

* Jakks Sweet Oven Makeover** -- $24 (20% savings)

* More games like Candyland, Yahtzee and Chutes & Ladders - $5 (37% savings)

 

Many more toy savings will also be featured in Walmart’s Christmas Toy Guide which will mail to homes next week. In addition, Walmart.com is offering free shipping with Site to Store on thousands of online toys, including all bikes, scooters and ride-ons. More information on Walmart’s holiday savings are available online at www.walmart.com/christmasshop.

 

These toy savings are not limited time offers, but will be offered through the Christmas holiday. In addition, Walmart’s price guarantee will match any local competitor’s advertised offer on the same toy product.***

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amyers12345

amyers12345

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They just ran a blurb on the morning news that Walmart is slashing prices on the Thanksgiving feast- and much more. Turkeys are now $.40 per pound! They are proposing a full meal for $20- see below.

 

From Turkeys to Televisions, Walmart Announces New Savings on Thanksgiving Meal Favorites and Electronics

 

Retailer Offers $20 Thanksgiving Meal, Brings Back $298 Notebook with 3GB Memory and Introduces $100 Gift Card on Xbox Arcade for One Week

 

BENTONVILLE, Ark. (Nov. 4, 2009) – Dedicated to helping American families save money on both holiday traditions and gift items, Walmart (NYSE: WMT) announced today significant price reductions* on Thanksgiving dinner favorites, TVs and other popular electronics.

 

In addition to seeking savings on gifts under the Christmas tree, recent research shows more than 50 percent of consumers plan to shop price discounts in the coming weeks on non-gift purchases for themselves or family.**

 

Starting Saturday, Walmart stores will begin their first one-week electronics savings event with special buys and Rollbacks, including a new $298 HP notebook computer. In addition, as shoppers evaluate the impact of tight budgets on holiday meal planning, beginning today Walmart will feature select 12-pound turkeys for less than $5, helping families serve a complete Thanksgiving meal for eight this year as low as $20.*

 

“We’re proving that we’re committed to helping moms afford the holidays in these tough economic times,” said Jack Sinclair, executive vice president, groceries, Walmart. “That’s why we’re offering incredible pricing on the turkey and all the fixings.”

 

A turkey dinner for eight as low as $20

According to a survey by the American Farm Bureau Federation, last year’s average cost of a turkey was roughly $1.19 per pound. Beginning today, select Grade A turkeys are available for 40 cents per pound at Walmart.* These gobblers are part of Walmart’s $20 Thanksgiving menu guaranteeing family favorites will be on the dinner table this holiday season. Walmart’s $20 Thanksgiving feast includes:

 

* One 12-pound Grade A turkey*

* Three 11 to 15.5-ounce cans Green Giant vegetables

* Two 14-ounce cans Ocean Spray cranberry sauce

* Three 6-ounce boxes of Stove Top stuffing

* One 5-pound bag of red potatoes

* One 12-count package of Sara Lee dinner rolls

* One 22-ounce pumpkin roll cake

 

Electronics week of savings event

Beginning at 8 a.m. Nov. 7, Walmart will have its first of many special electronics savings events, which includes a week of amazing prices on electronics items at stores through Nov. 13.* Items for this event include:

 

* $298 HP Notebook Computer – 3GB memory, 160GB hard drive, Windows 7 Premium

* Sharp 1080p HDTVs – 42” for $498, 46” for $698 (120 Hz), 52” for $898 (120 Hz)***

* Panasonic 46” 1080p plasma HDTV for $788***

* Xbox 360 Arcade Console $199 with $100 Walmart Gift Card (for use on future purchases; minimum store quantities are at least 10 per store)

* $148 Sony Blu-ray player (model #BDP-S360)

* $29 Magnavox Upconvert DVD player (model #DP170MGXF, 1080p)

 

"Each holiday season we focus on delivering a better price on quality entertainment and electronics, and this season is no different," said Gary Severson, senior vice president, entertainment, Walmart. "We're excited about our electronics event that starts Saturday. It will be evident through the coming weeks that this year Walmart will offer more opportunities for our customers to save than ever before."

 

According to recent research by the Consumer Electronics Association, four out of five adults plan to purchase electronic items this holiday season.

 

Customers can find more information about recent Walmart price reductions and holiday savings for electronics and toys at www.walmart.com/ChristmasShop.

 

* Prices and availability may vary in AK, HI, OK, NM, WI and at Walmart.com. Prices on select Grade A turkeys begin November 4; limit two turkeys per customer; weights and brands vary by store. Prices on electronics items begin November 7. Quantities are limited; no rain checks; purchase limit on select electronics items of two per customer. All prices do not include tax.

** Research taken from BIGresearch, Consumer Intentions and Actions, October 2009.

*** For HDTVs above, diagonal viewing area is as described: 42” class is 41.9”, 46” class is 45.9”, and 52” class is 51.9”

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