4.26.2007

How Wal-Mart's TV Prices Crushed Rivals

Now, it is becoming apparent that Wal-Mart's calculated decision to break the $1,000 barrier for flat-panel TVs triggered a disastrous financial meltdown among some consumer-electronics retailers over the past four months.And I can't feel sorry for them. If Wal-Mart can get the price down there, then they could too. It's just a matter of how much dead weight in their system that needs to be trimmed. Don't fault Wal-Mart for good business sense.



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