Wal-Mart cuts toy prices again
World's largest retailer to reduce prices on 100 toys by as much as 30%.
By Jeanine Poggi, TheStreet.com
Wal-Mart (WMT) is remaining true to its mission to be the price leader this holiday season as it rolls out a second round of price cuts on toys.
The behemoth retailer said it will reduce prices 20% to 30% on another 100 toys, including the Buzz Lightyear talking action figure and Rocky the Robot.
These new prices will be available through Christmas, or while supplies last.
Wal-Mart previously said it would offer 100 toys for $10 during the holiday season.
The discounter is also lowering prices on other items like books and said it will roll back prices on select items every week until Christmas.
As Wal-Mart continues to lower prices, rivals are following suit, launch something of a holiday-season price war.
In September, Target reduced prices as much as 50% on popular toys and announced on Friday that it is expanding its free-shipping offer. Now shoppers can get free shipping on 50% more items on the retailers Web site.
Amazon is offering a similar promotion for books, slashing prices on popular new hardcover releases.
Department store Sears has also taken up arms in the price war. The company said it will offer Black Friday deals every Saturday leading up to Christmas. It will also reward shoppers who purchase books from its list of highly anticipated new releases, with a credit equal to the purchase price -- up to $9.
Still, according to TheStreet.com users, Sears is most likely to be hurt by these price cuts.
Related Articles
Sears most endangered by price war: poll
Sears ramps up holiday price war
Holiday travelers pay more fees to fly
MORE ON MSN MONEY
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. 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 SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
STOCK SCOUTER
StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.
126 | 258 | 459 | 599 | 671 | 683 | 601 | 455 | 269 | 113 |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
LATEST POSTS
Try as the bears might, they couldn't break US stocks. But investors still face frothy prices and considerable headwinds.
FIDELITY VIEWPOINTS
- How to sell covered calls - Fidelity Investments
- Savvy year-end tax moves to consider now - Fidelity Investments
- Seven ways to prepare for tax changes
- Five reasons an annual review is crucial - Fidelity Investments
- Take a look at mid caps now - Fidelity Investments
- State of the sector: Health care - Fidelity Investments
VIDEO ON MSN MONEY
ABOUT
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.