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Walmart, Amazon now slash DVD prices: What's next?

Santa hasn't even been tugged down Central Park West yet, and Wal-Mart (WMT) is already slashing its prices. The market among major retailers is intensifying, with many offering products as loss leaders in order to entice customers into the store (physical or otherwise) and boost their basket sizes. Along with Target (TGT) and Amazon (AMZN), Walmart is slashing DVD prices, the same tactic it's using with books.

Retailers are rushing to undercut each other this year, which is causing prices to spiral down quickly. When Walmart announced reduced prices on several titles to $10, Amazon followed at $9.99, with Walmart stepping back in at $9.98.

Continue reading Walmart, Amazon now slash DVD prices: What's next?

Wal-Mart shares are dead money -- so where is it headed?

Wal-Mart Stores Inc. (NYSE: WMT) wants to sell you everything it possibly can. Need funeral arrangements? The world's largest retailer wants to help. $4 prescription drugs? It has you covered. In fact, it's hard to think of any product category that Wal-Mart does not seem at least a little covered with. For good reason, too: Wal-Mart has tapped out much of the short-term growth by virtue of it being almost everywhere in the U.S. and selling everything you can possibly think of.

Continue reading Wal-Mart shares are dead money -- so where is it headed?

Walmart doing away with new-release DVD displays

Wal-Mart Stores Inc. (NYSE: WMT) has been the leader in DVD sales in the U.S. for years now. It's estimated that 40% of all U.S. DVD sales originate within the doors of the world's largest retailer. But, could those days be coming to an end?

With Blu-ray DVD players coming with built-in internet video streaming, cable and satellite having video-on-demand choices of all recent movies, and more people buying content from Apple Inc.'s (NASDAQ: AAPL) iTunes every day, what is the future of the physical DVD?

Continue reading Walmart doing away with new-release DVD displays

Wal-Mart upgraded as international sales continue growing

Wal-Mart Stores, Inc. (NYSE: WMT) has been alone as a shining retail star in the recent economic recession. Consumers flocked to every possible bargain they could in every industry, and Wal-Mart cleaned up in retail with its bargain basement pricing on everything from toilet paper to car batteries to Doritos.

Continue reading Wal-Mart upgraded as international sales continue growing

Wal-Mart enhances mail delivery of pharmacy offerings

Wal-Mart Stores Inc. (NYSE: WMT) raised quite a lot of ire when it started promoting $4 pharmacy prescriptions back in 2006. Now that some of the competition has followed suit, Wal-Mart is making its prescription mail-delivery program front and center. Customers don't even have to set foot in a Wal-Mart to get their cheap prescription drugs.

After an apparent successful pilot program that began in Michigan this past May, Wal-Mart will be offering customers a 90-day supply of many common generic drug prescriptions for $10, following on the heels of a similar plan by national pharmacy chain CVS/Caremark Corp. (NYSE: CVS), which offers 400 generics for a $9.99 fee and a one-time $10 sign-up fee.

Continue reading Wal-Mart enhances mail delivery of pharmacy offerings

Can Sony's new e-reader compete with Amazon.com's Kindle?

A report today in The Wall Street Journal (subscription required) reveals that Sony Corp. (NYSE: SNE) is set to launch two low-priced e-readers, which could prove to be stiff competition for the wildly popular Kindle devices sold by Amazon.com (NASDAQ: AMZN). Sony's latest entries in the e-reader market, known as the PRS-300 and PRS-600, will be priced at $199 and $299, respectively. By contrast, the cheapest Kindle will run you $299.

Sony's budget-friendlier devices are slated to hit store shelves later this month, with the Journal citing Best Buy (NYSE: BBY) and Wal-Mart Stores (NYSE: WMT) as two retailers planning to offer the e-readers. Meanwhile, the low pricing isn't limited to the gadgets themselves; Sony will also drop the cost of best-selling titles from $11.99 to $9.99, matching the deal offered by Amazon.

Continue reading Can Sony's new e-reader compete with Amazon.com's Kindle?

Wal-Mart drops laptop PC prices for back-to-school shoppers

Wal-Mart Stores Inc. (NYSE: WMT) has been improving its consumer electronics sections in stores for some time now as a way to better compete with national retailer Best Buy, Inc. (NYSE: BBY). Best Buy has, from what I have seen, been way more aggressive in laptop PC pricing for at least a year.

Continue reading Wal-Mart drops laptop PC prices for back-to-school shoppers

Wal-Mart's Asda lets consumers tell it what to stock in the UK

Wal-Mart Stores Inc. (NYSE: WMT) will soon be allowing customers of its UK-based Asda retail chain to tell it what to stock. Instead of the usual retail "you'll buy it since we ordered it" mentality, Asda will be e-mailing its customers with pictures and descriptions of items available to them from Far East suppliers for feedback. In a word, this is a paradigm shift for retailing.

The idea of real-time (or near-to-it, anyway) feedback from consumers on product trends and other valuable data is an excellent one. It saves frustration from the consumer end and it allows for huge gains in merchandising productivity, inventory turns, and efficiency from the retailer's end. I hope this is successful for Asda, and that Wal-Mart carries the concept into more of its holdings throughout the globe.

Continue reading Wal-Mart's Asda lets consumers tell it what to stock in the UK

Can Wal-Mart keep its recession-era customers in the future?

When Wal-Mart Stores, Inc. (NYSE: WMT) changed its corporate slogan from "Always Low Prices" to "Save Money. Live Better" over a year ago, little did the retailer know that a recession would pour many new customers into its doors for bargains. With millions of families still strapped for cash, the retailer is still booking green at a time when many retailers are seeing red on the bottom line. The question, then, becomes this: can Wal-Mart retain its newer customer legions once the economy returns to normal (whatever normal is)?

Continue reading Can Wal-Mart keep its recession-era customers in the future?

Wal-Mart updates scaled-back plans for in-store health clinics

Retailing behemoth Wal-Mart Stores Inc. (NYSE: WMT) won't be aggressively rolling in health clinics into its retail stores in 2009, as it has scaled back its plan to 31 locations with clinics from the original estimate of about 400 stores in 2009. Wal-Mart even had as many as 77 locations with in-store clinics in 2008, so it has drastically rolled back its plans here. What happened?

The recession happened, that's what. The gap from the original 77 clinics to the present 33 occurred when venture capital-funded clinics had their funds dry up amid the credit crunch of late 2008 and they haven't returned yet. Although Wal-Mart sees health clinics as a still-untapped opportunity in its stores, they won't be coming to every possible Wal-Mart location any time soon. Indeed, former CEO Lee Scott said that it would take five to seven years to get 2,000 clinics inside Wal-Mart locations. Wonder where that estimate is now?

Continue reading Wal-Mart updates scaled-back plans for in-store health clinics

Wal-Mart, Bharti delay first India store opening

When Wal-Mart Stores, Inc. (NYSE: WMT) joined up with India's Bharti a few years back to bring the world's largest retailer to India, it probably thought things through very well. Of course, entering huge markets like India and China was a no-brainer for Wal-Mart, after failing in markets like South Korea and Germany. Little did Wal-Mart know that violence would someday delay its grand opening in India.

Continue reading Wal-Mart, Bharti delay first India store opening

Wal-Mart (WMT) keen on Chinese suppliers going green

Wal-Mart Stores, Inc. (NYSE: WMT) seems keen on the green scene. No, that's not a limerick, but apparently a state of mind at the world's largest retailer. Not only does it control the temperatures of its stores from its Bentonville headquarters; it's becoming fanatic about eco-sustainability and green products. Now that its well into being able to procure and supply ecologically-sound products to its customers, it has a mandate to its Chinese suppliers.

Continue reading Wal-Mart (WMT) keen on Chinese suppliers going green

Wal-Mart sees sale-store sales decline for March

Wal-Mart Stores, Inc. (NYSE: WMT) has been having some rosy fiscal months and quarters recently as cash-strapped shoppers continuing piling in their stores while abandoning the competition. Not that the parade has stopped for the world's largest retailer, but for the month of March, reality finally set in a bit.

Continue reading Wal-Mart sees sale-store sales decline for March

Wal-Mart Weekly: Rollbacks coming to employer health care costs?

Welcome to the 103rd installment of The Wal-Mart Weekly, a column dedicated to bringing you insight, wit, facts, results, opinions, and just a bit of everything else when it comes to a very hot topic these days: Wal-Mart.

Wal-Mart Stores, Inc. (NYSE: WMT) has nosed into the health care game before. Just a recently as a year ago, the world's largest retailer wanted to open in-store health clinics as a possible entry point to providing health care inside its retail locations.

The retailer now wants to see if it can become a low-cost provider of health care for small businesses and employers. That's very interesting -- the notion that employers could shop at Wal-Mart for employee health care like consumers do for laundry detergent. Of course, the prices Wal-Mart would offer would be the lowest possible.


Continue reading Wal-Mart Weekly: Rollbacks coming to employer health care costs?

Wal-Mart Weekly: $2 billion in bonuses coming to Wal-Mart employees

Welcome to the 102nd installment of The Wal-Mart Weekly, a column dedicated to bringing you insight, wit, facts, results, opinions, and just a bit of everything else when it comes to a very hot topic these days: Wal-Mart.

Wal-Mart Stores, Inc. (NYSE: WMT) has had one big, black eye in recent time that it just can't get away from: its relationship with labor. Wal-Mart's fiercest critics have pointed out many examples of the low pay, pricey health insurance, and low-end working conditions.

Are Wal-Mart workers really in that big of a bind, or does the largest retailer in the world have pay and benefit parity with all its competitors? When you're the biggest, you have the target painted on your back -- and Wal-Mart has been there for some time. However, the company has just announced a rather large bonus plan for its employees with a sizable target indeed: $2 billion dollars.

Continue reading Wal-Mart Weekly: $2 billion in bonuses coming to Wal-Mart employees

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DJIA-21.0110,429.94
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S&P 500-1.271,104.97

Last updated: November 24, 2009: 03:59 PM

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