Wal-Mart began
promoting a 50" HD plasma for less than $1,000, compared to an
average price of around $1700 in mid October.
Wal Mart will also extend Black Friday specials through the
weekend. "It's time to expand 'Black Friday' into three full
days," said John Fleming, chief merchandising officer, Wal-Mart
Stores U.S., in a statement issued today.
Wal-Mart began promoting a 50" HD plasma for less than $1,000,
compared to an average price of around $1700 in mid October (see
story). Even with the early price cutting, Wal Mart expects
the same store sales of its U.S. operations for the November
four-week reporting period to be flat. October net sales were up
5% over 2006.