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 Entertainment

Today in entertainment history: Dec 22

pearljam

A look at the Hollywood headlines that made history.

in Local Sports

Wilson, Seahawks close in on NFC West title

Seattle Seahawks quarterback Russell Wilson (3) looks to pass as Marshawn Lynch (24) blocks against the Arizona Cardinals during the first half of an NFL football game, Thursday, Oct. 17, 2013, in Glendale, Ariz.

The streaking Seahawks closed in on another NFC West title with a 35-6 romp over the Arizona Cardinals on Sunday night.

in Local Sports

Washington St beats San Jose St

Washington State guard Que Johnson (32) attempts 3-point shot against Idaho State during the first half of an NCAA college basketball game on Friday, Nov. 21, 2014, at Beasley Coliseum in Pullman, Wash. Washington State won 80-68.

Josh Hawkinson scored 25 points and grabbed 13 rebounds Sunday as Washington State defeated short-handed San Jose State 82-53.

in Sports

Documents: QB Winston cleared in conduct hearing

Florida State quarterback Jameis Winston throws a pass during the first half of an NCAA college football game against Florida in Tallahassee, Fla., Saturday, Nov. 29, 2014.

Documents obtained by The Associated Press show that Florida State quarterback Jameis Winston has been cleared of the allegations he faced at a student code of conduct hearing this month.

in Sports

NFL playoffs rounding into shape & week 16 scoreboard

Dallas Cowboys running back DeMarco Murray (29) takes the hand off from quarterback Tony Romo (9) during the first half of an NFL football game against the Houston Texans, Sunday, Oct. 5, 2014, in Arlington, Texas.

All the scores from week 16 in the NFL.