DISQUS

Business 2.0 Press: Wal-Mart announces sharp toy price cuts

  • e cigarette · 1 month ago
    Ummm walmart can do whatever they want.
  • kbiel · 1 month ago
    >>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 · 1 month ago
    well that feature seems to be turning into a bug....
  • kbiel · 1 month ago
    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 · 1 month ago
    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.
  • kbiel · 1 month ago
    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.
  • The Davez · 1 month ago
    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.