Wal-Mart's holiday price match? Ho-ho-hum
The retail behemoth announced a new price-matching policy for the holiday shopping season. Let's look at the fine print.
This post comes from Matt Brownell at partner site MainStreet.
Wal-Mart announced Monday that its famous price-match policy was getting a makeover for the holiday season: From Nov. 1 to Dec. 25, the retailer's policy will be retroactive.
Before, the store would only match a competitor's price on the day of purchase, but now a customer can discover a lower price at another store after the fact and then go back to Wal-Mart and get a refund for the difference. The deal is good on all purchases made between Nov. 1 and Dec. 25 when you bring in proof of the competitor's price by Christmas.
A look at the fine print in Wal-Mart's policy turns up some important stipulations. First, if you want to do a retroactive price match, you won't actually get the difference in price in the form of cash, but as a Wal-Mart gift card. Also, the policy won't apply to limited-time and Black Friday offers, so if you were hoping to hedge your Black Friday bets by going to Wal-Mart, think again. And certain product classes, including groceries, plants, gas, guns and optical items, don't qualify for the offer. Post continues after video.
The store is catching up to competing retailers with similar retroactive price matching. As we found when we rounded up the retailers with the best price-match policies, Target lets customers bring in a competitor's ad up to a week after purchase and get a credit for the difference.
Likewise, Best Buy gives its customers a window of either 14, 30 or 45 days (depending on the class of product), Staples gives buyers a 14-day window and Sears has a "price-match plus" policy that gives you 14 days to bring in a competing offer and the store will beat the price by 10%.
Wal-Mart's new price-match policy will surely be welcome news for the holiday season, but shoppers should know that in many ways it still falls short of the competition.
More on MainStreet and MSN Money:
And the whining continues! Jeez people, this is as good a deal as anybody out there, but Sears, and their prices are so high they NEED to give you 10% extra when you catch them at it. America created Wal-Mart when all you cheap azzes out there decided you couldn't spend the money to buy a great quality American-made........whatever! DEAL WITH IT! If you want to put Wal-Mart out of bizness, start demanding high-quality AMERICAN MADE products, and then BUY them, dammnit!
Ya'll are pathetic little whiners. But what do I know? I am an immigrant (Legal, from Holland), who flies an AMERICAN flag on my house every day, rain or shine, who came to your beautiful country (that you are flushing down the proverbial toilet every day) because it is the best place in the world to live. Too bad all of you are ruining it. Now get lost! Go get your Starbucks coffee and sit in your eclectic little realm of....stupidity, and shut up!
To Michael, I'm not trying to hide behind my nickname for my benefit. My mother has worked for Wal-Mart for over 20 years and I don't want to cause trouble for her. I also worked at Wal-Mart for 2 years in the '90s.
My mom is seeing her coworkers who have worked at Walmart for 20 years or more being fired for false reasons. She has also been writtten up for things she didn't do. They are trying to create a paper trail to get rid of associates who they feel they pay too much.
I am not saying Walmart is all bad. Still, trying to force people out who have been loyal to Walmart is a very shameful practice!
Why is it that on December 20 at 6 p.m. the Wal-Mart in my town had 5 of its 33 lane open, with line that took nearly an hour to check out...they had the self scans shut down as well! I hate Wal-Mart!Mine is always like that ---30 registers - 5 open and 3 of those are 10 items or less....
IF you have the money to burn, you can kill the competion. lets not worry about peoples jobs to save a dollar. I have shopped there myself. i have found better buys on certain products at freds and local stores. wallmart to me isnt the same store it started out as.
Wal-Mart fails to honor the "spirit" of its supposed price match. Technically, Wal-Mart has specified that it will price match from printed ads or sales papers of its competition. However, competitors often have lower-priced items that are NOT advertised. I had bought some items at Wal-Mart, and the next day bought additional product at Target because I needed more. The price happened to be much cheaper at Target (but was not in Target's sales flyers). So I attempted to get the price-match at Wal-Mart, and brought in my Wal-Mart receipt along with that day's Target receipt clearly showing the product description and price. Wal-Mart flat-out refused to match Target's price, so I just returned the items to Wal-Mart (and later bought still more at Target). The reason given by Wal-Mart's employee for the failure to match the price was because it "wasn't advertised," although obviously Wal-Mart had proof of the lower Target price on the Target receipt, and could have even called Target to verify the price had they wanted to bother doing that.
Bad Wal-Mart, bad!
You know I just shop for the best price. If WalMart has it fine, if someone else does or its cheaper online then that's where I will go. I don't like rebates or price matching or any other kind of gimmick.
If Walmart or anyone else wants my business then they need to offer their best price. I don't care to spend gas money going back to a store to show them I could have bought it elsewhere for less.
Wal-Mart treat their employee's very badly.
Everything from no breaks to gender bias, and now eliminating and or not offering affordable health care for their employees.
The money the Walton family saves by refusing to provide health care for Wal-Mart employees goes straight to programs like those run by the Koch brothers to further deprive the rest of us for things such as Social Security, Medical-Medicaide, etc.
Please...WM isn't any worse than any other major retailer. Get a grip. They do business just like every other store out there.
Hate to break it to you..but Target and Kmart and every other "Tom,Dick and Harry" retailer gets thier merchandise from overseas. Get over it...all the major companies that make any and everything out source...so it's not WM doing this...it's the company supplying the goods. So bitch at the Black n Decker, Sunbeam, Rubbermaid...etc...that don't have factorie to produce products in the USA.
WM's insurance is just like every other insurance offered anywhere...it all costs to damned much.
Gone are the days of great coverage and reasonable prices. What can I say...if Drs and hospitals and drug companies didn't try ripping off the consumers...it'd all be great.
WM Associates are paid a fair wage..as required by law...so if you don't like the wage scale...complain to your Congressman...so he sit on his over paid fat **** and blow smoke up your butt!
Do I agree with all WM does???? HELL NO! I think they have turned things over to the bean counters that don't know squat about what they are doing and they are the ones running the stores into the ground,
I have a friend ..who has lost a child..and his insensitive, ignorant, stupid, cold hearted BOSS told him he need to get over it. REALLY...I don't think it's thier place to make that judgement. They are also holding him back from being promoted...stating he is unstable...no his boss has no medical degree to be making these statements,
So ...yeah.. I have my issues with WM....and I'm sure SAM does as well.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
Tired of your wallet taking a beating at the grocery store? Here are some creative ways to save big on food costs.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'