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Wal-Mart Expanding $10 Toy Deal To 100 Products

Wal-Mart is expected to announce today that it is expanding its $10 per toy holiday promotion from last year, from 10 items to more than 100, Andrea Chang reports. The assortment will include top brands, classic toys and newly released items for $10, including Barbie dolls and Transformers action figures. Markdowns will be as high as 50%.

"This year it's bigger, it's better," Laura Phillips, vp of toys for Wal-Mart's U.S. division, tells Chang. "It's about the wish list for the kids, and we know these price points help parents deliver."

Meanwhile, Wal-Mart chairman Robson Walton told a CEO business conference meeting in Kuala Lumpur, Malaysia, that the global economic recovery likely will be lethargic, The Star reports. But he says the company sees great opportunity in China and India.



Read the whole story at Los Angeles Times, The Star [Malaysia] »

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