Walmart Way Essay

401 Words2 Pages
How exactly does a Walmart decide on which items to cut prices on? There are four ways in which a Walmart store will decrease the price of goods on sale to the consumer. The first way is Price Matching. Price matching is where nearby stores could have lower prices. Price matching (known as a Temporary Pricing Action to Walmart employees) is a short reduction of the price of an item to remain competitive with that company. Temporary Pricing Actions (TPAs) only reduce the price at the price of another store or they’ll exceed it with a slight margin. The second way in which Walmart cuts prices on their items in Rollback. This is where they may occasionally reduce the price of some high-end branded items, usually by selling them without or with