Walmart US to cut prices E-mail
Wednesday, 01 December 2004

Wal-Mart is rivalling the competition by signaling plans for a price cutting campaign to recapture its share of US sales in the run-up to Christmas. The world's biggest retailer resisted deep discounts over the Thanksgiving weekend, and lost ground to rivals who kicked off the holiday campaign with high profile promotions. Wal-Mart's share price slipped on Monday after it cut back its same store sales growth forecasts for November.


 
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