October 8, 2008

NOTHING COSTS MORE...:

Wal-Mart Launches Toy Price War (MIGUEL BUSTILLO and ANN ZIMMERMAN, 10/08/08, Wall Street Journal)

Retail price wars are starting early this year, and the latest weapon is the $10 toy -- a signal that retailers are bracing for a rough-and-tumble Christmas shopping season.

Wal-Mart Stores, Inc., which accounts for more than a fourth of U.S. toy sales, last week sent a clear message that it didn't plan to be undersold when it announced 10 well-known toys, including some Barbie dolls and Hot Wheels car sets, for $10.

KB Toys Inc., the nation's largest mall-based toy seller by stores, told Wal-Mart to bring it on.


Central Banks still have rates way too high.

Posted by Orrin Judd at October 8, 2008 8:35 PM
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