On November 9, 2009
Walmart Makes New Run at Amazon, but Tackles Best Buy and Supermarkets, too
Walmart is taking on all comers as Thanksgiving approaches with discounts that again challenge Amazon but Best Buy and supermarkets as well. Vice chairman Eduardo Castro-Wright said Walmart (WMT) would not be beaten on price this Christmas season, and the retailer is out to prove him true. It lowered prices on select movie DVDs to $10 on Thursday then cut the price to $9.98 a day later after Amazon (AMZN) began to offer flicks at $9.99. As in its price war with Amazon on books, Walmart is offering a pre-order deal –- web only — on highly anticipated titles include Harry Potter and the Half-Blood Prince, Night at the Museum: Battle of the Smithsonian and Angels and Demons. With original…
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