According to a confidential report leaked to the New York Times by WakeUpWalmart.com, Walmart’s low prices may be working against it when it comes to selling plasma TVs and more expensive clothes. From the NYT:
A confidential report prepared for senior executives at Wal-Mart Stores concludes, in stark terms, that the chain’s traditional strengths — its reputation for discounts, its all-in-one shopping format and its enormous selection — “work against us” as it tries to move upscale.
