date:Jul 23, 2014
Wal-Mart Stores Inc. plans to cut prices more aggressively during this years back-to-school season and will add inventory to its online store as the chain battles retailers for student spending.
Wal-Mart will reduce prices on 10 per cent more items this year, said Steve Bratspies, the companys executive vice president for US general merchandise. The number of back-to-school items Wal-Mart sells online will grow 30 per cent to 75,000, he said.
Price is going to be extremely important for us, as