Wal-Mart: We'll Lead on Price

The giant retailer reported mixed results for the third quarter and vowed to show "leadership on price and value"

Expect the price cutting to continue at Wal-Mart Stores (WMT), the world’s largest retailer, at least through Dec. 24 this year. Already on one of its deepest price-cutting sprees in years, Wal-Mart’s CEO Lee Scott said in a recorded earnings call on Nov. 14: "This season, no one will doubt Wal-Mart's leadership on price and value."

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