Walmart says it’s going to cut prices 10-30% in order to help “cash-strapped consumers” and keep them “excited about shopping.”

“We all know economic times are tough so our plan is to help with added savings throughout the year, focusing especially on what people want, when they need it,” said John Fleming, Wal-Mart’s chief merchandising officer.

Translated from “marketing” into “human” this sentence reads: “Please buy chicken wings and big screen TVs for the SuperBowl. We’re having a sale. Thanks.”

Wal-Mart chops prices in bid to lure shoppers [CNNMoney] (Thanks, Tino!)
(Photo:kandh07)

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