Bentonville AR – Wal-Mart To Cut Prices On Back-To-School Items.

Consumer Alert!

Bentonville AR – Wal-Mart Stores the world’s largest retailer, said Monday it is cutting prices on back-to-school items and other products in a move to combat the effect of high gas prices on customers’ spending.
Starting this week, Wal-Mart will lower prices on more than 16,000 products across all stores, in conjunction with a new ad campaign on how to save money as gas prices remain high and kids head back to school.

The company said families with school-age children are expected to spend an average of $563 this year on back-to-school supplies, according to July survey data from BIGresearch.

Under Wal-Mart’s new pricing plan, $1 will be able to buy 4 wide-ruled notebooks, 2 bottles Elmer’s glue (4 oz.) and a 24-pack of crayons. A $50 budget will be able to purchase a week’s worth of school clothes, and $80 will buy two pair of prescription glasses at the Wal-Mart Vision Center. [ap]