Wal-Mart announces sharp toy price cuts

The world’s largest retailer, Wal-Mart, has announced it would further lower its prices on toys for this Christmas, effective immediately.

The company has vowed it would be the price leader this holiday season when it comes to selling toys.

Wal-Mart will be slashing prices on select toys such as Buzz Lightyear action figures by up to 30-percent, followed with more price cuts to up to 100 additional toys.

The company said it would offer a group of new and popular toys each week for only $10 each. Today marks the second week of specials. Wal-Mart will offer the deeply discounted products all the way up to Christmas Day, until supplies last, in both Canada and the United States in every store.

The deep discounts could prove damaging to toy sales in the future (especially for stores who can’t offer such low prices) as consumers could continue to expect the lowered prices.


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Tahir holds a Bachelor Commerce Finance degree from Ryerson University in Toronto. He is planning to purse an MBA in Finance. Write to tahir@business2press.com
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  • http://www.electroniccigarettesinc.com e cigarette

    Ummm walmart can do whatever they want.

  • kbiel

    >>The deep discounts could prove damaging to toy sales in the future (especially for stores who can’t offer such low prices) as consumers could continue to expect the lowered prices.

    It's called free market capitalism. Look it up. Consumer expectations of lower prices over time is a feature, not a bug.

  • Joey

    well that feature seems to be turning into a bug….

  • kbiel

    Because somehow competition causing lower prices, letting me get the same products for less is somehow detrimental to my budget? Oh wait, it's Wal-mart, a company so evil that no employee is paid minimum wage after their probationary period; so pernicious that they introduced the first $4 generic drug pricing; so horrible that they are the second largest single employer in the U.S. after the Federal Government (third if you break out the U.S. Postal Service).

    If you no not want cheap products made mostly in China, then do not shop there. But do not knock them for following Adam Smith's advice.

  • MarkV

    well did u know when there were talks of adding trade quotas/restrictions with China during the Clinton administration, Wal-Mart was the only AMERICAN company that pushed not to add the restrictions…why American businesses were going under…..that's the Wal-Mart your defending??

    and don't think every product they sell is the lowest priced, only the products u find in the main isles r the ones that are deeply reduced, other products can be found way cheaper elsewhere.

  • The Davez

    it's also stupid how that Wal-Mart commercial shows a bunch of products, then says all of these products together can be purchased for lower than any other store…..BUT the average person won't realize that just ONE of those products is likely deeply discounted.

  • kbiel

    Ooo, that gives me chills. A company who makes a chunk of profit from Chinese imports was against starting a trade ware with China. Of course our government was doing what was best for us I am sure. Surely they were not being lobbied by competitors of Chinese manufacturers who could not find a way to be competitive without government intervention.

    Milton Friedman weeps for you.

  • http://www.electroniccigarettesource.com/ E Cig

    There's nothing wal-mart ain't doin is there?

    Your girl Mary :)

  • http://trentjordan.net Trent Jordan

    That's very good news…but the deep discounts could prove damaging to toy sales in the future as consumers could continue to expect the lowered prices.

  • http://www.careerbuilder.com/Jobs/Company/C8F5Q8761L26H2XXC84/Cross-Country-Home-Services-Cchs/?cbsid=b7d2263cfd774eb8b0819c62e53f8a26-328900303-w4-6&&cbRecursionCnt=1 Cross country home Services

    It's called free market capitalism. Look it up. Consumer expectations of lower prices over time is a feature, not a bug.

  • http://www.bathroomliving.com Bathroom Furniture

    Don't think every product they sell is the lowest priced, only the products u find in the main isles are the ones that are deeply reduced, other products can be found way cheaper elsewhere.

  • http://www.bathroomliving.com Bathroom Furniture

    Don’t think every product they sell is the lowest priced, only the products u find in the main isles are the ones that are deeply reduced, other products can be found way cheaper elsewhere.

  • http://www.electroniccigarettesale.net/ Electronic Cigarette Review

    Walmart drives the market, so most toy companies have to drive their prices to meet Big W’s demands.

  • John Avagliano

    the information can be a great help for the people who are in a favor of investing.

  • Mark Barry

    superb article. thanks for the share.

  • http://www.crunchbase.com/company/webvisible WebVisible

    Of course our government was doing what was best for us I am sure. Surely they were not being lobbied by competitors of Chinese manufacturers who could not find a way to be competitive without government intervention.

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