(Ben Schumin)

Walmart Taking Away Insurance For 30,000 Workers

The nation’s largest retailer and private employer has announced that it will discontinue offering health insurance to many part-time employees who work fewer than 30 hours a week, along with increasing the premiums by up to 20% for many workers who continue to receive benefits. [More]

Walmart Rollbacks: Rolling Forward, Standing Still

Walmart Rollbacks: Rolling Forward, Standing Still

What is a “rollback?” Walmart shoppers know that it’s when an item has decreased in price recently, and it’s something that the chain brags about on signs throughout the store. They even brag about rollbacks when prices stay the same…or go up. [More]

Walmart Won't Add Many Future Part-Timers To Health Insurance Rolls

Walmart Won't Add Many Future Part-Timers To Health Insurance Rolls

In health insurance-aimed cost-cutting maneuvers, Walmart won’t subsidize health insurance for future employees who work fewer than 24 hours a week. Also, new part-timers who work fewer than 33 weekly hours won’t be able to add spouses to their plans. And like workers at most any other company, full-timers with complete health benefits will have more deducted from their paychecks. [More]

Best Buy Considers Ditching Discounts In Favor Of Lower Everyday Prices

Best Buy Considers Ditching Discounts In Favor Of Lower Everyday Prices

For years, Best Buy has relied on using occasional sales and discounts to lure customers into its stores. But a senior executive at the electronics retailer says it is now looking at moving toward a Walmart-like model of lower everyday prices in order to stay competitive. [More]

Walmart: Where 'Rollback' Actually Means 'Price Increase'

Walmart: Where 'Rollback' Actually Means 'Price Increase'

How does Walmart stay profitable when they’re always announcing “rollbacks” on the prices of the stuff it sells? Judging by this photo, they do it by actually increasing the price. [More]

Save Earth, Nothing Else By Buying Avatar At Walmart

Save Earth, Nothing Else By Buying Avatar At Walmart

Anthony spotted this less-than-amazing sale at Walmart for the eco-conscious epic Avatar. Those who held out when the movie was priced $19.96 now get to pay only $19.96. [More]

Harbor Freight Sure Knows How To Have A Blow-Out Sale

Harbor Freight Sure Knows How To Have A Blow-Out Sale

I saw this last week in the Harbor Freight store in Casselberry, Florida. I wasn’t sure if I could pass up such an amazing deal but, somehow, I was able to exercise restraint.

You’re a strong man, Kyle.

Walmart Rolls Back Prices Negative One Dollar And Fifty-Nine Cents

Walmart Rolls Back Prices Negative One Dollar And Fifty-Nine Cents

Nowadays it seems like anyone can make a sign. I yearn for the olde days of sign making when you actually had to know something about signmaking to do it. Signmaking was restricted to knowledgeable guild workers. The penalty for non-guild workers making signs was death. By signmaking.

Walmart Rolls Back Prices Negative Sixteen Cents

Walmart Rolls Back Prices Negative Sixteen Cents

Reader Jonathan’s son snapped this photo of a Walmart price “rollback” in Tawas City, Michigan, this Labor Day Monday. The current price is $1.98, the previous, $1.82. “I do see the irony of being in a Wal-Mart on Labor Day,” writes Jonathan, “and I still feel unclean for it.”

Walmart Will Now Prosecute Shoplifters As Young As 16

Walmart Will Now Prosecute Shoplifters As Young As 16

With increased shoplifting and employee theft hurting Walmart’s bottom line, the store says it will now go after first-time shoplifters who are as young as 16. Previously, it was Walmart’s policy to only prosecute first-time shoplifters who were at least 18.

Sony Cuts PlayStation 3 Price

Sony Cuts PlayStation 3 Price

Poor Sony. Despite telling Reuters on July 6 that they had no plans for a price cut, they’ve cut the price of the Playstation 3 by $100.

Walmart Rolls Back Price By $1.11

Walmart Rolls Back Price By $1.11

Back in November, Walmart slashed the price on this sewing machine by 13 cents. Now they’ve pulverized it by another $1.11! OH MY GOD WE LOVE YOUR EVERYDAY LOW PRICES SO HOT! — BEN POPKEN

Walmart Rolls Back Prices By 13 Cents

Walmart Rolls Back Prices By 13 Cents

Analysts noted that Walmart set the pace this shopping season with four consecutive price point drops. But maybe they should be looking at how much those drops were by…. — BEN POPKEN