News

Walmart web glitch slashes prices

Walmart web glitch slashes prices

THAT'S A ROLL BACK: Walmart says it will not honor the slashed prices some consumers found on its website. Photo: Reuters

(Reuters) – Shoppers looking for a bargain got some big ones, if only temporarily, at Walmart.com Wednesday morning.

A technical glitch on the Walmart Stores Inc U.S. website offered some items at a fraction of their actual retail price.

Treadmills, which normally cost hundreds of dollars, were priced at $33.16. LCD computer monitors were offered for $9.

Ravi Jariwala, a spokesman for Walmart.com, said in the late afternoon that the problem had been fixed and that the mistakenly priced orders would not be honored.

“Given the wide discrepancy in pricing, we are notifying customers who ordered these items that their orders have been canceled and that they’ll be refunded in full,” Jariwala said in an e-mail. Walmart.com will also offer those shoppers a $10 gift card.

The company did not say how many orders were placed at the low prices. Most of the affected products were electronics, said Jariwala, adding that the website was not available at times on Wednesday while repairs were made.

The glitch comes at the start of what analysts say will be a particularly competitive holiday season.

Walmart Stores Inc. kicked off its online holiday-season deals on Nov. 1, a month earlier than usual. The earlier deals and bigger incentives come after data firm ShopperTrak forecast the slowest holiday sales growth since 2009.

“This is particularly disappointing since Walmart has been investing aggressively in e-commerce in the last two years,” said Brian Sozzi, CEO & Chief Equities Strategist at Belus Capital Advisors.

Recent Headlines

in Sports

After hiatus, Tim Howard won’t be US starter vs Mexico

Fresh
2014 FIFA World Cup - Group G, USA (0) v (1) Germany

IAN QUILLEN, Associated Press WASHINGTON (AP) — Tim Howard returned to the U.S. soccer team knowing he’d be playing behind…

in Entertainment

Gary Busey, Tamar Braxton round out new ‘DWTS’ cast

17-overlay3

The 21st season of "Dancing With The Stars" promises to be a wild ride.

in Local Sports

Whitworth University suspends five soccer players

Fresh
Soccer Ball

The players from the women's soccer team were seen wearing blackface on a social media post

in Local Sports

Mariners hope to continue Kazmir’s struggles with the Astros

Fresh
kazmir

The Mariners will look to clinch the series with a win. Coverage begins at 4:00pm on KPUG 1170AM.

in Entertainment, Sports

Was ‘Concussion’ altered to avoid angering the NFL?

10-overlay1

Hacked Sony emails appear to show that the m arketing plans for the movie were positioned to focus on the story of a whistle-blower, rather than a condemnation of the sport.