Wal-Mart Cuts Prices On Hot Electronics To Spur Sales

Lower prices on hot gadgets, including satellite radio receivers, should spur sales (and subcriber additions). Best Buy and Circuit City expected to follow. Here's a LINK to Walmart's SatRad offerings.

Wal-Mart chops prices on hot electronics
Initiates second round of deep price cuts on flatscreen TVs and other gadgets ahead of crucial holiday season.
By Parija B. Kavilanz, CNNMoney.com staff writer, November 3 2006: 12:59 PM EST

Flustered by its weak sales performance last month, Wal-Mart initiated a second round of deep price cuts Friday, this time on more than 100 flatscreen TVs and other hot electronic products.
Wal-Mart (Charts), the world's largest retailer, said the rollbacks will take effect this month and through December, and will include significant savings on high definition (HD) televisions, digital cameras and cell phones.
In early October, the company cut prices on more than 80 of the year's hottest toys.
Among the newly discounted products are the Panasonic 42-inch HD plasma now being offered for $1,294 from an original price of $1,794 and a Polaroid 37-inch LCD HDTV now priced at $997 from an earlier price of $1,297.
The retailer also cut the price of a Kodak C875 digital camera to $249.64 from an earlier $298.77. It's also rolling back prices on pre-paid phones such as the Cingular C139 model...read more: here

11/03/2006 01:24:00 PM

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