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Book Nook provides readers with insights into the world of books. Vick Mickunas takes you into the center of the publishing world with the latest book buzz, book reviews, and exclusive chats with authors..Home > Blogs > Book Nook > Archives > 2009 > November > 25
Wednesday, November 25, 2009
Wal-mart dukes it out with Amazon.com
The price war between Amazon.com and Wal-mart is escalating. Wal-mart is the behemoth with 4000 stores and 400 billion in sales. Amazon.com is the upstart. Amazon sells exclusively on line with 20 billion in annual sales.
Now Wal-mart is throwing down the gauntlet in the on-line battlefield, challenging Amazon in pricing on many popular items sold through Wal-mart’s website. These price wars began with books and now have expanded into many other product lines.
Amazon cuts a price. Then Wal-mart follows suit. Back and forth. One might hope that consumers could stand to benefit?
For more on this burgeoning price war click HERE:
Vick Mickunas
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