Wal-Mart cuts prices ahead of Memorial Day weekend as it hopes to turn around sales
By APSaturday, May 29, 2010
Summary Box: Wal-Mart price moves
WAL-MART’S PRICE-CUTS: Wal-Mart is getting attention for deep price cuts on 22 different favorite foods, particular sodas, ahead of Memorial Day weekend.
BEHIND THE MOVES: Wal-Mart is hoping that lower prices like a 24-pack of soda for less than $4 will lure shoppers back into its stores and re-ignite sluggish sales.
WHAT’S NEXT: Wal-Mart is expected to keep hammering the message of low prices throughout the summer.
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