Price Cuts, Retailer | featured news

Amazon Trims Price of Kindle Fire HD

The Seattle-based Web retailer said the 8.9-inch Kindle Fire HD with 4G wireless capability will start at $399, down from $499. Amazon reduced the price of the Wi-Fi only version by $30 to $269.

 

Wal-Mart Cutting Prices On EVERYTHING

Wal-Mart Cutting Prices On EVERYTHING

PRICE CUTS: Wal-Mart Stores Inc. is trumpeting what it calls a large round of price-cutting on all of its products, including food. The world's largest retailer says it will cut prices on 10,000 items in stages.

THE SKEPTICS: Analysts question whether the changes differ meaningfully from the retailer's usual promotions. They also note Wal-Mart's prices undercut competitors less than they used to.
THE REASON: Analysts say the cuts are Wal-Mart's way of responding to toughened competition. The company's fourth-quarter report showed store traffic dropped.

 

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