High Def Forum
Thank you for visiting. This is our website archive. Please visit our main website by clicking the logo above.

Wal-Mart's TV Prices Crushed Rivals

ah802
04-24-2007, 10:27 AM
Business Week report on Walmart's holiday decision to slash prices on flat-panel sets. It is becoming apparent that Walmart's calculated decision to break the $1,000 barrier for 42" flat-panel TVs triggered a disastrous financial meltdown among some consumer-electronics retailers over the past four months.

http://www.businessweek.com/bwdaily/dnflash/content/apr2007/db20070423_364297.htm

cousin eddie
04-26-2007, 11:40 AM
To bad it didn't hurt Best Buy a little more.

jswerve
04-26-2007, 12:27 PM
To bad it didn't hurt Best Buy a little more.
No doubt...

MGman
04-26-2007, 03:19 PM
careful what you wish for, people.

drock912001
04-28-2007, 09:10 PM
careful what you wish for, people.
REX been trying to sale stores for years.They have been the main player in Ohio for years.Many have come and many have gone and REX still stands tall.

electrictroy
04-30-2007, 06:08 AM
I don't see the drawback.

Wal-mart sells stuff cheap, and we benefit (I save money by shopping at that store). If other stores can't keep-up with low prices, too bad.

drock912001
04-30-2007, 10:48 AM
I don't see the drawback.

Wal-mart sells stuff cheap, and we benefit (I save money by shopping at that store). If other stores can't keep-up with low prices, too bad.
In areas where Walmart has been successful putting competitors out of business they prises go up substantially.If they have no competition they have no reason to offer lower prices.I have been to places where they have squeeze out competition and it isn't pretty.

BamaPanda
04-30-2007, 11:45 AM
I don't see the drawback.

Wal-mart sells stuff cheap, and we benefit (I save money by shopping at that store). If other stores can't keep-up with low prices, too bad.
I tend to agree, and I think that generally the market will balance itself - maybe! There is a side note that might be added. Consumers, for the most part - take little note that the set Walmart is usually selling at the cheap bears little resemblance to the better Panny's, Sharps, LG's and the like that will be found in Best Buy, CC..etc. Yet the fact that Walmart sells the cheap set so cheap makes the stores with more variety and better sets scramble to pull that limited market share in, usually by cutting the profits on the better sets. It is a good thing for the consumer buying the newest LG LCD today, but one day we might find less Best Buys and such open, with Wally Worlds controlling it all. Then where will we be?
Amazing that many will buy that 42" Poloroid they sell - and it is so cheap. I would bet that Walmart makes little profit on that set - but they have a real advantage over the Best Buys and such. They can spread their loss over the rest of the store. After all, when you buy that box of cereal at Wally World, it does not disturb you that it went up 5c. They can do it all over the store, and we never notice.
Thing is - Walmart has a reputation for saving money, and usually they do, but not always. I have went there for many items, and ended up paying more. Walmart has to make profit, just like the rest. They just can spread it out more.

electrictroy
05-02-2007, 03:03 AM
In areas where Walmart has been successful putting competitors out of business they prises go up substantially.If they have no competition they have no reason to offer lower prices.

(1) In a regional monopoly, the incentive to stay low is to avoid other competitors like Kmart or Target from moving in. (An almost exact quote from Novel-winning economist Milton Friedman, albeit updated to modern times.)

(2) Name some places in Oklahoma, or along I-35, or along I-70 (between St. Louis and Baltimore), where Walmart rapes the residents with high prices. I want to go see these places myself.

If you cannot provide specific locations, then your point lacks factual evidence and is invalid.

pappylap
05-02-2007, 07:48 PM
Jaguar, Ferarri, Porshe all seem to survive...I believe there will always be a market for the cheap displays and a market for the higher quality sets the HD educated know the difference and will usually seek them out. However, the masses are mostly uneducated about HD and alot of them simply can't shell out $2500.00 for a display...:2cents

drock912001
05-02-2007, 08:43 PM
(1) In a regional monopoly, the incentive to stay low is to avoid other competitors like Kmart or Target from moving in. (An almost exact quote from Novel-winning economist Milton Friedman, albeit updated to modern times.)

(2) Name some places in Oklahoma, or along I-35, or along I-70 (between St. Louis and Baltimore), where Walmart rapes the residents with high prices. I want to go see these places myself.

If you cannot provide specific locations, then your point lacks factual evidence and is invalid.
Myrtle Beach,SC been there personally and Target in the same area is cheaper.
Englewwod,OH they post Ktoger,Meijer & Target prices and price match those because there regular price's are higher than all 3 mentioned.
Carthage,MS
Now my question is.If you visit these stores and the competition is non-esixtint what are you going to compare with?
Myrtle Beach,SC Walmart prices are 15-30% higher than the walmarts I visit in my area.The same Kroger's in the same are in Myrtle Beach & Target has lower prices than the Walmart in the same area.

stonedog23
05-12-2007, 02:49 PM
Myrtle Beach, SC is a pure tourist area, that is their #1 industry. Except for their outlets, most things are going to be higher there.

As for the poster who mentioned the Polaroid LCD flat panels... they may be selling cheaply, but they are not bad entry level sets. I don't have one, but have been in the home of a Wal Mart employee (20% discount for him) with one and was impressed by the picture for the price. I am tempted to get a 32" for my bedroom.