Turns Out Walmart Is Quietly Raising Prices

Everyday low prices just got a little higher. A JPMorgan Chase study of a Virginia Walmart (hey, it’s a big store, you gotta just pick one to do a decent survey of its inventory) found that in the past six weeks the retailer raised prices on overage of 6%, but on some products, as high as 60%.

32oz bottles of Windex shot up 50%, 12 oz box of Quaker oaks went up 65%, and 50oz Tide went up more than 50%.

NYPost says that the changes are a reflection that recently upturned upper-management has recognized that the overly aggressive rock bottom pricing strategy has eaten away at profits.

Wal-Mart Quietly Raises Prices [DailyFinance] (Thanks to Rob!)

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  1. Loias supports harsher punishments against corporations says:

    I read an article a few months ago basically mirroring this.

    It specifically was talkin about Walmart’s advertising strategy of showing how they are lowering prices, and that even though they were in fact lowering prices on some things, overall prices were increasing in the mid-to-high single digits.

    Looks like the trends continues.

  2. brinks says:

    NOW will you all please stop shopping there?

    • herbie says:

      No. I am unemployed. I need to shop at the closest, cheapest place in order to keep from getting evicted. WalMart is right down the street, and crazy cheaper for many things than Publix, where I do any other grocery shopping. It would be nice to have leeway to shop anywhere, but I don’t and most of the people where I live don’t.

      It drives me crazy that people assume their privilege applies to everyone.

      • brinks says:

        Walmart is a hell of a lot cheaper than any of the supermarkets around here. I take it for granted that I am lucky enough to have other options.

      • Oranges w/ Cheese says:

        Publix is crazy over priced, I agree. Do you not have an Aldi? :( They’re great, it is unfortunate. You should call the company and ask for one!

        • herbie says:

          Nearest Aldi is 5 miles, looks like – none in my city, but maybe I’ll drive there and check it out!

        • selkie says:

          For all that they’ve got a reputation for being pricey in general, we actually do well price-wise for our usual basket of good from Publix, and it would cost us more to shop at Winn-Dixie or Food World, which are the alleged discount grocery chains in my area.

    • NarcolepticGirl says:

      nope. still cheaper than my other options. And I need to pay off some debt asap!

      • pop top says:

        You don’t have a Savealot or an Aldi’s nearby?

        • brinks says:

          Those of us in the Midwest have Meijer. Pretty much the same layout as a Super Walmart and dirt-cheap prices, but without the low-wage complaints, sweatshop allegations, various lawsuits, and receipt-checking madness.

          If I didn’t have that, I’d find a K-Mart.

          • Nigerian prince looking for business partner says:

            “If I didn’t have that, I’d find a K-Mart.”

            I didn’t realize K-Mart paid its employees better and gave better benefits. I also didn’t realize that they only sold products manufactured in country’s with sound environmental and humanitarian records.

            • brinks says:

              Um…the don’t have receipt checkers.

              Point taken.

              • Nigerian prince looking for business partner says:

                Actually, our K Mart does check receipts. I’m not sure how universal it is since so many have closed in the past 20 years.

              • Destron says:

                My K-Mart checks receipts as well. Their EAS alarms at the door have been broken forever so they have someone there checking receipts, but my K-Mart is a shit hole anyway, we have thrift stores that look better than K-Mart.

            • shadowboxer524 says:

              Ugh, I hadn’t been to a K-Mart in years until a few weeks ago, and I quickly remembered why I don’t shop there. In the middle of the day, they had two registers open, each of them with at least 6 people in them. Eventually (like after 10 minutes these ridiculously long lines had formed), they opened another register…in the electronics department. I only had two items, so I raced down there.

              Never. Again.

          • Oranges w/ Cheese says:

            <3 Meijer, but sometimes they aren’t all that dirt-cheap.

            • Fjord says:

              I only shop at Meijer as well, no receipt checkers and definitely lower prices than Walmart. I have compared.

          • Destron says:

            If your not going to shop there because of low wages you better avoid K-Mart to – at least a Walmart associate is guaranteed at least a 30 cent raise a year but I know someone that worked for K-Mart for 10 years and only got to 10 cent raises that entire time except for when minimum wage went up.

    • cash_da_pibble says:

      Honestly, after the Mayor of my city accused locals of shopping at WalMart ( the next county over) as a reason for a decrease in City income and therefore firing an Animal Control officer- i sorely realized he was right, while being a dick.
      I now shop in town, despite the perceived higher prices.

      So maybe I’m better off now, shopping at the local Save Mart and Target.
      At least I hope so.
      At the very least, my own county gets my sales tax.

    • leprechaunshawn says:

      No I will not. Wal-mart is still the most economically sound place for me to shop for most things.

    • Daverson says:

      I’m lucky in that there are many alternatives to WalMart in my area. There are tons of job lot stores, no-frills supermarkets, local grocers with much lower prices, and more. But that isn’t true for a lot of people, so I don’t think that there will be a mass exodus of WalMart shoppers.

    • jefeloco says:

      I’m lucky to have a few Winco stores as well as 2 Costcos nearby to offset the Walmarts. I don’t even have anything against Walmart as far as ethics or taxes are concerned, they are just more expensive than shopping at the other two stores I listed.

      Hell, I even shop at Paul’s more than the Walmarts just because I can walk the 1/2 mile to the nearest Paul’s and save the gas money from the 16 mile round trip to the nearest Walmart.

    • LadySiren is murdering her kids with HFCS and processed cheese says:

      Yup, stopped shopping there once I realized that coupons + doubles / triples = better prices at Harris Teeter, Food Lion, CVS, and Walgreens. It’s just a hair more work but I’d rather not give my money to greedy, uncaring Wallyworld. Especially not when I can pay$20 for $150 of groceries (yay for Super-Doubles week at Harris Teeter).

    • Griking says:

      The problem that I have with that is that if I don’t give my money to Walmart then I’ll end up giving it to Stop & Shop, CVS, Best Buy, Best Buy, etc… companies who are just as evil in my book. As consumers we’re really damned if we do and damned if we don’t. Yeah, some things like video games and movies can be purchased on line at a competitive price but who purchases toothpaste, cat food and other daily grocery crap online?

  3. aloria says:

    Will this really help profits, though? Rock bottom prices are pretty much the only reason to shop at WalMart in the first place. People certainly aren’t going there for the fancy store aesthetic or the extra-classy clientele.

    • pecan 3.14159265 says:

      There are two aspects to this:

      1) They do it slowly and quietly and people will most likely just not notice the steady uptick.
      2) Wal-Mart continues to trade on the reputation for being the bottom dollar retailer and people will continue to be convinced that Wal-Mart is the cheapest. This is the tactic that a lot of brand names use. Why do people keep thinking that certain brands of designer clothing is better than any other brand of clothing? They might not be, but the company is trading on the image, not the quality.

    • greentech says:

      People will buy into the illusion. If the illusion fades, they’ll lower prices again until another opportunity to raise them. If there’s a company that reflects the American mindset when it comes to consumerism, it’s Wal-Mart. Appearances are everything. We don’t care if it’s foreign made garbage, we buy into the illusion that it’s inexpensive so we shop there.

      There are three other reasons to shop at Wal-Mart, depending on where you live:
      1. They’re there. Wal-Mart is everywhere, even in small towns.
      2. They’re open 24/7. When I get off work at 10pm, I can’t go to my local grocery store (so I just go hungry).
      3. They’re convenient. You can buy your shoes, your wedding right, your fruit fly infested bananas and your acne medicine all while having your tires rotated and your oil changed.

      These low prices? They’re not as low as they should be, considering they’re imported from sweatshops, the store is paying out the bare minimum in labor, and the bully manufacturers for lower prices (sell us at this price or we will discontinue your product – do you know what that potentially means for *any* company right now?)

      You’re right. Far from a classy establishment.

    • qbubbles says:

      Clearly, you know not of the very classy website peopleofwalmart.com where only the most fashionable of outfits are highlighted. Go back to your Food Lion, peasant.

    • DariusC says:

      Yep, I will defeinitely stop shopping there now. They want to raise prices to get more profit? Sorry, You won’t get any more of my business. Fuck you Walmart. (Excuse the language).

      • coren says:

        While I agree with not shopping there – they’re a business. Of course they’re going to try to be profitable, why is that so bothersome?

        • UCLAri: Allergy Sufferer says:

          It’s Consumerist. Profit is verboten here. Any company that tries to make money will be summarily flogged.

          • failurate says:

            But they are saying one thing and doing another. I am pretty sure that irks most people.

          • RvLeshrac says:

            Uh, they were making money. They just weren’t making *as much* money.

            People need to learn some basic fucking maths, read the annual reports, and understand that when these prices go up, they aren’t helping anyone but the executives. The consumer is screwed and the employees who actually *operate the business* are screwed.

            • NeverLetMeDown says:

              You’re forgetting the shareholders, who actually, uh, OWN the business. You know, brutal plutocrats like pension funds and mutual funds. In fact, if you have a 401(k), you probably own some Walmart.

          • Conformist138 says:

            Unmade profit =/= Loss

            This needs to be taught in schools: Making a million dollars in year one and then 3/4 million in year two does NOT mean you lost a quarter-million bucks. But, when companies cry about “losing profits”, that is usually what they mean. They made less profit, but they were still profitable. The problem comes from Walmart’s ridiculous notion that they should keep increasing their total profits year after year. Same with housing and everything else that falls apart, we keep assuming that what goes up just keeps going and that fluctuations shouldn’t exist.

    • Gulluc says:

      It’s obvious that people go to Walmart because it is commonly known that they have unbeatable pricing. It looks like they are taking advantage of their loyal customers that blindly purchase items at Walmart assuming it’s the best price available. I’m not a Walmart fan, but anyone can bring in an ad from another store and Walmart will match it at the register.

  4. AngryK9 says:

    “Everyday low prices (compared to our prices tomorrow)”

  5. KyleOrton says:

    Even though I’m not saving any money, Walmart raising prices makes me feel like the local stores I shop at now just became a steal.

  6. Chip Skylark of Space says:

    Now they can drop that whole ‘low price’ bull, just like they dropped the ‘made in America’ once we figured out where the ‘country of origin’ tag was located.

  7. dolemite says:

    My wife insists on shopping at Walmart because of their “rock bottom pricing”. I state you can find better deals at Kroger/Food Lion if you shop around.

    I wonder how much it will hurt their profit margin if we shopped somewhere else hmmm? Walmart is a hellhole, and if not for having substantionally lower prices than competitors, they have *nothing*.

    • johnva says:

      I would pay HIGHER prices not to shop at Wal-Mart.

      • Southern says:

        Good for you. After all, *someone* needs to keep HEB, Kroger, Safeway, Albertsons, Randalls, and all those other “expensive” stores in business..

        So, you have my thanks!

        • pecan 3.14159265 says:

          I shop at Safeway, and the prices are really good here. Maybe it’s because most of what I buy is stuff that’s on sale in the circular…

          • Southern says:

            Yeah, if you only shop for the loss leaders at stores like this, then you can save money on those few items (over Walmart), but for the most part if you buy a grocery cart full of the same items then you’ll wind up paying significantly more for them at just about any other store.

            For instance, Krogers sometimes put their (banquet) TV dinners out for 10 for $10.. Walmart has ‘em every day for .88 cents. a can of Chunky or Progresso soup at HEB & Krogers is usually around $2.50 – $2.75; at Walmart they’re $1.50 every day.

            And then on some items, especially meats (Ham, hot dogs, sandwich bologna, hamburger, steaks, etc), our local FoodTown usually beats the WalMart price. So usually I hit both stores.

            Although I guess I could just take the FoodTown circular to Walmart.. They’ll match the price, but it’s a huge P.I.T.A.

    • Loias supports harsher punishments against corporations says:

      It’s sad, but in my area they have the largest choices of items for a few categories. One that sticks out is kitchen tools and accesories. The other store choices general have one type of anything, maybe two, but Walmart might have 3-6 choices.

      I don’t like Walmart based on their business practices, but sadly there are a few rare instances that necessitate its use.

    • JulesNoctambule says:

      I agree with you. I bought some things at Harris Teeter this week I’d normally buy elsewhere because thanks to a combination of sale and coupon promotion, those items ended up being free. Can’t get much cheaper than that!

    • NarcolepticGirl says:

      We shop at Kroger and Walmart. And Super Target.
      They all have their ups and downs. Sometimes Kroger has some good deals – but usually we can find almost everything cheaper at our Walmart or Target.
      Especially when it comes to anything that’s not food.

    • Gulluc says:

      Not a Walmart fan, but they will match any price from any current ad from another store

    • Nigerian prince looking for business partner says:

      Kroger really varies where I live. There’s a very nice one about 25 minutes away in the ‘burbs but the one in town is absolutely terrible. It’s expensive, has poor selection, and the quality of produce and meat is abysmal — it’s basically the dumping ground for about-to-expire items from other stores in the area.

  8. twophrasebark says:

    Quaker Oaks gave me indigestion. Too much fiber.

  9. no_wallmart says:

    Well this is great news because it also means WallMart is raising wages right? Yeah, sure. Please stop shopping at WallMart!

    • LINIStittles says:

      I hope your skill of evaluating wage appropriateness is better than your spelling.

    • Marshmelly says:

      I am interested as to what store you are referring to in both your comment and username. Where is this Wallmart you speak of?

      • pecan 3.14159265 says:

        This person is clearly against stores that sell support structures. Ted’s Shed Emporium must drive this person to insanity.

  10. JG2002 says:

    Hey yes, I noticed this on Tuesday. I was at the local wal mart in Windsor Heights, Iowa and Kashi frozen food prices had sky rocketed. From $2.68 to $3.28. I don’t think I noticed a price hike on anything else that I grabbed, but that stuck out to me.

    • tbail25 says:

      Then you should live in Marshalltown. I shop in Des Moines because they’re about 20 cents cheaper on cereal/dry goods than here, and even more on other stuff.

  11. moore850 says:

    “everyday low prices”. =Provided every day is “Yesterday”.

  12. qbubbles says:

    Interesting. I wouldnt notice if something were a higher price than it used to be. Then again, I can drop $150 at the grocery store and not blink. I’m starting to think that’s a bad thing…

  13. econobiker says:

    Walmart has always increased prices after they knock out local competition. I remember comparing Walmart quart bottle of motor oil prices versus a Kmart and Walmart would always beat that Kmart by 5¢ until they shut that Kmart down and Walmart increased prices over the prior pricing of Kmart.

    • baquwards says:

      I grew up in a small town. WalMart came in and pretty much killed any competition, the prices were ridiculously low until the competition closed down, then the prices climbed very very fast. since there was no competition for 40 miles they knew that they had people trapped.

      WalMart can afford to have a barely profitable store for a long time to kill competition, hell they can lose money if they have to.

  14. ShruggingGalt says:

    Anyone thought that maybe their suppliers have done this?

    Their prices ebb and flow like other stores. They lower prices on some items when their suppliers lower them.

    And yes you can get deals at other stores….on the deal items. While the items at the other stores are more expensive than the day-to-day price at WM.

    Lately in these parts the soda suppliers do deals round-robin to different grocery stores. Right now WM has 24 packs at a lower price. Next week Target will probably have 12 packs on sale. Rinse, repeat….

    • Evil_Otto would rather pay taxes than make someone else rich says:

      You’d be correct, if Walmart didn’t have a policy of TELLING suppliers what they’re going to pay for something. They have such clout in the marketplace that losing the ability to sell things through Walmart basically spells doom for your brand/product.

      If a supplier decided to raise their cost, they’d get dropped like a hot potato by Walmart.

  15. frosteternal says:

    And while everyone whines about Walmart’s average 6%.. other retailers raised prices by an average of 15%
    Still lower prices. No story here.

    • claytons says:

      The linked article indicates that other grocers are cutting prices while Walmart is raising them.

      • evnmorlo says:

        It only mentions Whole Foods, which charges 300% more than Walmart and cut prices by .7%.

        • claytons says:

          As an example. They also show that they’ve lost 6% points on their competitors, which would imply that the OP I was responding to is dead wrong.

  16. claytons says:

    I shop at Walmart only for the profit-eating,rock-bottom prices, and like so many, I otherwise hate Walmart and will no longer shop there if the prices continue to rise while the selection declines.

    With my Costco memebership and access to coupons at other retailers, I can simply put in a little more work to get the same prices and more choices elsewhere – if Walmart becomes any mroe expensive.

  17. infamousjre says:

    “the changes are a reflection that recently upturned upper-management has recognized that the overly aggressive rock bottom pricing strategy has eaten away at profits.”

    Congratulations, you figured out the only reason people shop at Walmart and are trying to get rid of it.

  18. coren says:

    Wait, really?

    Undercutting everything in sight means you don’t make as much money? And they get paid how much to figure this out?

  19. yzerman says:

    Just another reason for me not to ever shop there.. I prefer getting gouged at target :P

  20. Nigerian prince looking for business partner says:

    I really don’t understand all of the Wal Mart bashing. I can understand the desire to support local business, shopping downtown, etc. But how is Wal Mart any worse than any other big box retailer? They have lousy benefits/pay, encourage sprawl, have questionable environmental policies, setup outside city limits, undercut small business, have 3rd world suppliers, etc.

    I live in an old city and try to shop downtown as much as possible but I’m just not convinced Wal Mart is any worse than Home Depot, Target, any random suburban shopping center, The Mall, etc.

    • danmac says:

      So your logic is “Walmart is evil, so everyone else must be just as bad”? That seems pretty lazy to me.

      And you should watch this movie:

      http://www.walmartmovie.com/

      It may be a little outdated, but it’s a pretty damning view at Walmart and their business practices.

      • Nigerian prince looking for business partner says:

        “Walmart is evil, so everyone else must be just as bad”? “

        No, I just worked retail in my younger years and experienced first hand how big box retailers treat their employees. I’m also very particular about the country of origin of everything I buy and it isn’t just Wal Mart that sells mostly Chinese junk

        I also live in a town with a downtown that was decimated when the mall went in outside city limits, as well as all the other sprawl retailers over the past few decades. This trend started well before Wal Mart was a national company. And I’m an environmental consultant and cant attest first hand that Wal Mart is no better or worse than any other large retailer with environmental mitigation when they open their stores.

        I don’t like sprawl and support local businesses as much as possible. I’m not a fan of Wal Mart but they’re working within a very suburban-centric economic model, along with virtually every other big box retailer. I have a problem with this model but can’t pick out individual companies that rely upon it — they’re all guilty for it, as well as all of the consumers who utilize them.

    • evnmorlo says:

      If size make corporations bad, Walmart, the largest corporation and grocer on Earth must be the worst and closest approximation of Evil.

    • Oranges w/ Cheese says:

      Meijer is pretty cool, though they also stock Chinese stuff.. but that’s only because EVERYTHING is made there now.

      • Nigerian prince looking for business partner says:

        I used to shop at Meijer when I lived in Kentucky. If I recall, their prices were typically higher but overall quality of just about everything seemed to be higher.

        • selkie says:

          Unlike Walmart, Meijer is still privately owned by the original family. Nice folks who want to compensate their employees fairly by retail standards as long as they can still make a modest profit in the process. Given how tight margins are in the supermarket and discount department store business, it’s not really surprising that a lot of respected brand names in the category like Meijer’s, Wegman’s, and Publix are not publicly traded (though Publix has a stock purchase plan for employees) I think that the lack of pressure for huge quarterly profits on the report for the quarter let them have the wiggle room to both provide a good shopping experience and treat employees relatively well if that’s within their corporate values, while still keeping the balance sheet acceptable to ownership.

    • pecan 3.14159265 says:

      As with everything, it’s about scale. It’s not that Target, Home Depot, et. al. are perfect, it’s that by default they are better than Wal-Mart simply because Wal-Mart is that much worse. Just go to yesterday’s posts and read the one about Wal-Mart employees being asked to stay while the entire town was being flooded and then see if you think other stores are just as bad.

    • pot_roast says:

      Strange. Wal-Mart is one of the biggest purchasers of renewable energy. They bought a power company in Texas to provide power to the stores, have built several concept ‘green stores’ that have wind & solar powering the stores, and they’re the biggest reseller of organic products in the US. Our local one is actually in the city limits and a shopping center has sprung up around it. Pretty much everyone has third world suppliers these days. Everything is made in &^$@#@! CHINA. :/ Wal-mart isn’t alone in this..

      • Nigerian prince looking for business partner says:

        I’ve handled the permitting for several Wal Mart stores and they’re just like any other company — they do the minimum required to get their Section 404 (or whatever other required) permit and that’s about it. There’s very little incentive to go above and beyond.

        About 10 years ago, my company handled the environmental mitigation for a Wal Mart that encountered a fairly substantial prehistoric cemetery. It was given a bare minimal archaeological investigation (we contracted that out) and ultimately, the burials were left in place and capped under their parking lot. The consulted tribes signed off on it during consultation after a very substantial payment. It was simply cheaper to pay them off than to fully excavate and re intern the human remains.

        It’s not just Wal Mart that does this kind of stuff. We handled a nearly identical project for Target about three years ago, with the exact same results.

  21. Beeker26 says:

    This isn’t anything new tho. Wal-Mart and others have been doing this for years. They lower some prices here and there, advertise them, while simultaneously (and dramatically) raising prices on other things to compensate.

    This is one of the tricks they use to stay in business, and allows them to crush stores that don’t have the kind of product diversity they do.

  22. redskull says:

    I’ve been telling everyone their 3 step plan for years:

    Step 1: Open a ton of stores and undercut local pricing.

    Step 2: Run local stores out of business.

    Step 3: Once local stores are gone and there’s no competition, raise prices as much as you want.

    I’d be impressed with them if I wasn’t so disgusted.

    • dolemite says:

      I saw a documentary about walmart that stated this is what they do. On top of that, they run mom and pop stores out of business (so say mom and pop were making 60k a year, now they can work at walmart for no benefits at $7 an hour). Then the local government misses out on all those taxes they would have collected from mom and pop.

      It also showed how when Walmart came to town, the city paid for them to install sewer, make changes to the roads, etc in order to get them in. When the big local food store asked if they could have the same money to fix up their area, they were told no. Needless to say, the family business shut down soon after (not because they didn’t get the money, but because they lost so much business…the money thing just shows how local governments play favorites).

    • Nigerian prince looking for business partner says:

      That’s essentially my problem with every big box retailer. It isn’t just Wal Mart that does this.

      They all do the same thing. They move into an area, have low prices and very competent staff, only to eventually raise prices and gut their quality workforce once the competition is eliminated. Home Depot & Lowes did this when they ran off hardware & appliance stores, Best Buy did this when they eliminated our local TV & Stereo store, Circuit City with local computer shops, etc.

      Years ago, you’d go downtown to a small, local shop for virtually everything — clothes, TV & stereo repair, appliances, electronics, hardware, small engine repair, etc. This is all due legislative incentives and consumer demands — it’s not just Wal Mart that did this. Many towns were already in decline well before Wal Mart moved out of the deep south.

      • Dean says:

        Its the capitalist mode of production – powerful organizations consolidate and drive out competition with this added economic leverage. There is absolutely no reason to think it will be curbed by consumer or market activity, nor that WalMart is individually to blame.

  23. dbeahn says:

    I keep a price book, which I update fairly regularly. Because of that, I figured out a while back that when WalMart puts up a sign that says “ALWAYS LOW PRICES” under an item, it means they just RAISED the price. It’s the negative version of the “ROLLBACK!” signs.

    • cash_da_pibble says:

      Wow! The idea of a price book is very clever.
      I think I may adopt that, I always buy the same stuff anyway.

    • Destron says:

      Although Walmart doesn’t use the ALP signs anymore- now its Unbeatable or Save Even More

    • catnapped says:

      Gotta also watch out for those endcaps with one price (in big numbers) while the “real” price (down the aisle where the rest of the stock is) is often higher. And three guesses which price it’ll more often than not ring up as? Happens too much to be just a coincidence.

  24. peggysister says:

    The Walton Family is extremely greedy. Millions of dollars is not enough. Pay a little more to their employees who built their company with their blood, sweat and tears.

  25. Tim in Wyoming says:

    I am one of those cheap.. I mean frugal shoppers… When I go grocery shopping I usually buy the same items. Before my ban on Wal-Mart, my g/f always said I was a freak of nature because I knew the price and price history on many items. And there was definitely an upward trend over the past 2 year. Now that we shop at King Soopers, the prices have been staying fairly stagnant. I have estimated not shopping at Walmart for groceries has cost an extra 8%. So far an extra 8%, I am getting a cleaner less crowded store, friendlier staff, and a hell of a lot better meat and deli counter! For those household items, Target or Amazon (with prime) as saved me way more than 8%. So by not shopping at Wal-Mart I am saving money!

  26. three says:

    this has been their strategy for the longest time.

    come in, offer lower prices and wipe out the competition, then rise prices once it’s the only game in town.

  27. Cicadymn says:

    My beloved pretzel M&Ms exploded in price literally over the course of like a week. One day I went in and grabbed a bag of skittles and M&Ms for 2 bucks a pop, the next week when I ran out of M&Ms I was in there and the price had jumped up to 3.64!

    Needless to say I got a lot of looks when I screamed “WHAT THE HELL” at a bag of candy.

    I also didn’t buy them.

    • Cicadymn says:

      This also reminds me of the Walmart ad with durrrr-ell saying how much loves 24 packs of pop for 5 bucks. Go to the store a few days later, they’re 5.50. Next week, 7 bucks. IT’S CRAZY

      Back to Dr Thunder and RC.

      But damn I love RC.

    • Nigerian prince looking for business partner says:

      Pretzel M&Ms? I can’t imagine how that would work.

  28. erratapage says:

    I shop at Walmart about once every six weeks. Their prices have increased. Last time I was there, I realized that my local grocery store was doing just as well on most items, so I decided that I would probably not go back to Walmart any time soon. In large markets like Minneapolis, Walmart’s pricing strategy is not quite as flexible as the strategy in a smaller community, because it really does not take too much to make Super Target look better, given how much better the shopping experience is.

    My parents used to live in Hayward, Wisconsin. Walmart had greater leeway to price higher, because the shopping alternatives were not much nicer and were quite a bit more expensive.

    I predict that Walmart will either readjust its prices downward or will close stores in larger markets.

  29. Destron says:

    Heres a secret about Walmart though, they may raise their prices – but they will price match any store and you don’t have to have an ad or any proof that the item is that price somewhere else. So if you go in there and price match everything you buy to the competitors prices you will still come out ahead even if some things are more expensive because they will give it to you for those prices. This is the number ones reason I still shop Walmart for most things except meat – i go to the local butcher for that.

    Also every Walmart shelf label has the date it was printed on it on the bottom – you can use that to track the frequencies of how often something changes.

    • catnapped says:

      LOL. Might work where you are but I’ll guarantee they’re gonna want proof around here.

      “Oh that XBox is a quarter down the street. Really! I’m not lying!”

      • Destron says:

        An Xbox for a quarter is just stupidity, but its actually their corporate policy to match any competing price – within reason, and if it is an unreasonable deal that’s true you can ask them to call and verify it.

  30. Mr.Grieves says:

    Once everyone has been forced out of the market…. We can raise prices unopposed!

    Brilliant! Bwahahahaha!

    • Destron says:

      Where I live we had about 15 Albertsons that were closing down, mainly due to mismanagement. Walmart gave Associated Foods $45 Million dollars to buy and renovate 7 of those stores, They also paid for several local mom and pop grocers to take business management classes to help keep their stores afloat and gave one of them some money for advertising. so you can’t say that Walmart is always about running out the competition.

    • catnapped says:

      Sadly, you got the gist of it.

  31. LastError says:

    No no no. The guesses about WHY Walmart raises prices are all wrong.

    Walmart is doing this to screw their suppliers. Afterall, if you make Quaker Oats and Walmart just raised the price by 50% even though your price to Walmart did not go up, you are going to watch sales plummet.

    NOBODY in their right mind would still buy the oats. Whole factories will shut down as Walmart stops buying oatmeal. Quaker will see this and literally quake in their boots.

    Eventually they will come crawling back to Walmart and offer to do almost anything to get the price back to what it was, anything to get Walmart buying oats again. Walmart wants a cut price, they get it. Walmart wants “25% free!!!” bonus packages, they get it. Walmart wants discounts on all the other stuff Quaker makes? They get it. And suddenly Walmart “rethinks the prices to offer better value to consumers” and looks like they care.

    And this, ladies and gentlemen, is just one of the ways Walmart plays hardball with their suppliers.

    It’s probably worse for Tide. Being made by Procter and Gamble, they have products all over the store and that gives Walmart tremendous leverage to demand whatever Walmart wants -or else, you know, the Tide price will double or something and sales will die. And suddenly some other brand of detergent gets a huge display.

  32. JackieEggs says:

    The Super Wal-Mart in Yulee, FL. has remodeled. They look more like a Target now…and yes, their prices have gone up on many items.

  33. kwjayhawk says:

    Their soup went up like 60 cents, which frankly in the summer makes no sense.

  34. sebastian tombs says:

    I actually saw this happen to Lays potato chips. They recently raised their everyday price by 50 cents per bag which was $1 cheaper then the supermarkets everyday price, that made it a little more bearable to buy it at Walmart when the supermarkets didn’t have a sale on it. Now I am more likely to wait for a sale at one of my area supermarkets then to get it at Walmart – I hope you’re listening Walmart. So far as I have seen. any retailer whether it be a department store or supermarket has been alot cheaper then Walmart when they have sales on specific items.

    It used to be true and Walmart was known for being the cheapest retailer nationally (Meijer is regional) – They are going to destroy their only significant niche especially in this economy

  35. Smorgasbord says:

    The way I understand it there is no ONE price for each item at each store. Each store sets its own prices. If businesses leave and Wal-Mart is the only store in the area, the store’s prices go up.