Kmart, Wal-Mart face off in price-cutting fight
Article Abstract:
Discount store chains, Wal-Mart Stores Inc and Kmart Corp have launched separate initiatives to lower prices of merchandise they sell. Kmart made the first move in the early months of 2001. It launched a price-cutting initiative on 4,000 of its items, followed up by the revival of the Bluelight Specials on Apr 2001. Wal-Mart announced that it will fight back in May 2001, when it disclosed that it will raise its budget for price rollback for 2001 to $12 billion from $10 billion.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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Let your fingers do shopping...in store
Article Abstract:
More retailers are providing Internet kiosks to make their Web sites more accessible to consumers and to sell products that are not included in their store inventory. The strategy, called 'in-store Web-assisted selling,' allows teleshopping for people with no Internet access and keeps shoppers from leaving without a purchased product. Retailers are confident about the success of the venture, adding that consumers will not mind a little delay in orders.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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