Walmart is trying to make shopping more affordable as buyers continue to watch what they’re spending.
The company’s CEO announced last week during an earnings call that it had already lowered the cost of 7,200 items, The Associated Press reported. It offered rollbacks on the items, including 35% more discounts year-to-year for food, CNBC reported.
Not at my local wal mart!!
ReplyDeleteReminds of an old farmer joke about losing a dollar on every bushel sold but making it up in volume of sales.
ReplyDeleteYour joke reminds me of the farmer who won the lottery.
DeleteSomebody asked the farmer how he was going to spend all that loot, and he said he'd just keep farming until it was all gone.
Wait a second, they raised prices, now the big news they're slashing prices???
ReplyDelete... Pee on my leg and call it rain..
I was just in local WM, and noticed the signs. One that I remember is Diet Ginger Ale, name brand, reduced to $1.67, a big reduction. However Eggs here in CO are way up again.
ReplyDeleteIs this an ad?
ReplyDeleteJust in time for the election. Take a bow Kamala.
ReplyDeleteThats funny at our walmart cashier just told us almost everything went up a dollar
ReplyDeleteLast week
Another way to do this is shrink-flation. Many packaged cheeses have reduced the weight from 16 oz to 14 oz. I mean, come on, how many recipes call for 14 ounces of cheese; most of my recipes call for an even pound. And pre-packaged cheese slices are so thin that they tear into shreds as you try to separate them. Must be that "best economy ever".
ReplyDeleteTake it from a retailer, it's not for your benefit. They're inventory heavy in the 3rd quarter. And the fourth quarter purchase commitments are coming in. They need cash flow and warehouse space. Not to mention upcoming inventory taxes.
ReplyDelete