By
Reuters
Published
Dec 23, 2009
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Wal-Mart to continue discounts, deals after Christmas

By
Reuters
Published
Dec 23, 2009

Dec 23 (Reuters) - Wal-Mart Stores Inc (WMT.N) will continue its holiday discounts and deals into the week after Christmas, the world's largest retailer said on Wednesday 23 December, as it introduces new deals and extends some old ones.



Beginning Dec. 26, Wal-Mart will offer clearance discounts of up to 50 percent on many home holiday items and toys, besides introducing a $50 gift card with an Xbox 360 purchase and offering an eMachine netbook for $228.

Wal-Mart has already rolled out aggressive price cuts ahead of the 2009 holiday season. It is offering more than 100 toys for $10 each, and it has cut prices on highly anticipated hardcover books by 60 percent or more, igniting a price-cutting war.

On Wednesday 23 December, the company said it will also extend other previously announced deals such as its selection of top Blu-ray movies for under $20.

Wal-Mart shares closed at $53.34 Tuesday 22 December on the New York Stock Exchange. (Reporting by Nivedita Bhattacharjee in Bangalore; Editing by Vinu Pilakkott)

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