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   Wal-Mart's Latest Price Cuts Target Turkeys
by Nicole Maestri, Reuters
Posted: Thursday, November 5, 2009 at 1:10PM EST

NEW YORK (Reuters) - Wal-Mart Stores Inc is slashing prices on flat screen TVs and selling 12-pound turkeys for less than $5 each as the discounter looks to appeal to shoppers preparing for the U.S. Thanksgiving holiday.  

The efforts build on the retailer's plan, announced last month, to slash prices in its U.S. Wal-Mart stores every week until Christmas. It has already lowered prices on popular toys and groceries, like bananas and ground beef.  

The latest cuts include slashing the price of a Sharp 1080p 42-inch high definition TV by 35 percent to $498 from $768, and selling a Sony Blu-ray player for $148, down from its current price of roughly $197.  

To read the rest of this story please go to: Reuters


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