In an effort to combat slowing growth in same-store sales and improve upon the company's own expectation of flat sales in November, Wal-Mart began aggressively discounting electronics on Friday. The company lowered the price on almost 100 electronics items, including plasma televisions, digital cameras, and mobile phones. The price on a Panasonic 42" plasma television was cut by $500, making it $1,294 at Wal-Mart. A similar Panasonic model was offered at Best Buy's Web site for $1,708.99.
Reuters
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