Walmart Is Quietly Raising Prices – Up to 60%

Originally published: August 16, 2010
Updated: August 16, 2010 at 12:31 pm
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Wallmart raising prices



Walmart has been quitely raising prices – JPMorgan Chase recently released a study of a Virginia Walmart found that in the past six weeks the retailer raised prices on overage of 6%, but on some products, as high as 60%. UP TO 60%! That isn’t a typo.

The rising prices are found throughout the store. Groceries, laundry and cleaning supplies have all been affected by the major price hikes.

For example, 32oz bottles of Windex shot up 50%, 12 oz box of Quaker oaks went up 65%, and 50oz Tide went up more than 50%.

Many middle-class folks join the ranks of the poor every day. The economic downturn has left a dwindling middle class holding an empty bag. We spend less and demand is low. The trend is rising prices and a general contraction in the small business sector.

WalMart is very likely raising prices because their stock price is down over 2%. Less people are shopping at WalMart, which is making it tough for the retailer to keep its prices down. Bottom line is the brand seems to be losing customers during a time when it should be shining because consumer confidence is low, and people are still looking for low prices.

What is the problem with WalMart?


Source: DailyFinance

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5 Responses to Walmart Is Quietly Raising Prices – Up to 60%

  1. [...] This post was mentioned on Twitter by Moriches Daily, Moriches Daily. Moriches Daily said: Walmart Is Quietly Raising Prices – Up to 60%: Walmart has been quitely raising prices. The retailer raised prices… http://bit.ly/coqCys [...]

  2. Krably Jone on August 17, 2010 at 12:47 pm

    There's nothing "wrong" with them, this is exactly what large retailers do after demolishing the local competition, whether mom and pops or smaller regional chains. Eliminate alternatives and you can jack prices up with near impunity. The threshold to market entry is so high that it becomes nearly impossible for a new competition to rise, unless they are as well funded and monolithic as Wal-Mart itself. Welcome to unbridled capitalism.

  3. Food Inflation a Growing Problem on August 22, 2010 at 10:41 am

    [...] found throughout the store. Groceries, laundry and cleaning supplies have all been affected by the major price hikes. For example, 32oz bottles of Windex shot up 50%, 12 oz box of Quaker oaks went up 65%, and 50oz [...]

  4. [...] Walmart Is Quietly Raising Prices – Up to 60% (morichesdaily.com) [...]

  5. Austerity « Canadian Liberty on April 23, 2013 at 2:54 pm

    [...] Austerity: Walmart Raising Prices–up to 60% [...]

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