Retailer dropping prices on fashion, electronics and school supplies,
allowing Canadian shoppers to save millions of dollars this back-to-
MISSISSAUGA, ON, Aug. 9 /CNW/ - Wal-Mart Canada announced today it is
lowering prices across key categories throughout its stores nationwide during
August and September. With the back-to-school season quickly approaching and
Canadians faced with the financial burdens of shopping for everything from
apparel to computers, Wal-Mart expects its price reductions will allow
Canadian shoppers to save millions of dollars over the next two months.
Due to the stronger Canadian dollar, the company has renegotiated with
suppliers as part of its 2007 strategy to offer more rollbacks and savings
than ever before. So far this year, Wal-Mart Canada has rolled back prices on
over 15,000 items, saving Canadians tens of million dollars year to date. With
the two busiest shopping seasons yet to come - back-to-school and Christmas -
Wal-Mart Canada is preparing to hit a record number of rollbacks and customer
savings this year.
"Back-to-school can be a financially challenging time for many parents
and students," said Jim Thompson, Senior Vice-President of Merchandising for
Wal-Mart Canada. "We're committed to saving Canadians money so they can live
ROLLBACK EXAMPLES DURING BACK-TO-SCHOOL SEASON:
- Crayola 24-count crayons Was $1.86 NOW $0.84
- Laurentien 24-count coloured pencils Was $4.66-4.97 NOW $2.93
or 12-count twin tips or eight-count
classic washable markers
- Crayola 24-count coloured pencils Was $4.53 NOW $1.68
- Combination padlock Was $5.22 NOW $3.97
- 12-count Majesta facial tissue Was $10.34 NOW $9.34
- 3.4 cubic-feet refrigerator Was $179.96 NOW $148.88
- Durabrand small appliances, Was $8.43 each NOW $7.48 each
including hand mixer, 2-slice
toaster, mini chopper, hand bender,
can opener, and iron
- George Foreman grill Was $29.88 NOW $23.96
- GE 1.1 cubic-feet microwave Was $89.83 NOW $79.96
- 30GB iPod - white or black Was $298.83 NOW $274.82
- Twin sheet sets - 180 thread count Was $12.97 NOW $10.37
- Texas Instruments scientific Was $8.97 NOW $7.97
- 19" LCD computer monitor Was $179.96 NOW $159.96
EXAMPLES OF STRONG VALUES DURING BACK-TO-SCHOOL SEASON:
- $1 or less buys 24-pack Crayola crayons, one-subject notebook, three
80-page coil notebooks or one-inch vinyl binder.
- $5 or less buys a pair of sunglasses, three boxes of Kellogg's cereal
or two boxes of Pop-tarts.
- $10 or less buys a Barbie or Spiderman soft-side lunchbox or a
backpack with lunch pack and pencil case.
- $15 or less buys girls' or boys' uniform separates (including
cardigans, skorts, jumpers, sweaters or pants), a 1 GB jump drive or a
water-resistant solar watch.
- $20 or less buys hot fashion: For men - fleece hoodie, jeans, or two
B.U.M graphic t-shirts. For ladies - plaid skirt, long-sleeve rib
hoodie or babydoll cardigan.
- $87 buys a complete pair of kids' prescription glasses.
- $470 buys an Acer notebook computer.
About Wal-Mart Canada Corp.
Established in 1994 and headquartered in Mississauga, Ontario, Wal-Mart
Canada operates a growing network of 278 Wal-Mart discounts stores, eight
supercentres and six SAM'S CLUB locations. Since 2000, more than 100 Canadian
communities have lobbied or petitioned to have a Wal-Mart store built in their
towns. Throughout Canada, Wal-Mart employs over 70,000 Canadians and has been
consistently ranked one of the best companies to work for in Canada by
international human-resources firm Hewitt Associates and Report on Business
Magazine. A 2006 Synovate survey showed that 80 per cent of Canadians with a
Wal-Mart store in their community are glad Wal-Mart is there. For more
information about the company, and to view Wal-Mart's recently published
Corporate Values Report, please visit www.walmart.ca.
For further information:
For further information: Christi Gallagher at (905) 821-2111, x 4042