MacNN | Retailers complain to states about Walmart advertising
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Retailers complain to states about Walmart advertising
Friday, January 4, 2013 @ 12:18pm

A number of retailers, including Best Buy and Toys R Us, have complained to attorney generals in several states about Walmart advertising practices, the Wall Street Journal reports. The complaints generally argue that Walmart is using inaccurate pricing or non-equivalent products to lay claim to the lowest prices. Best Buy, though, has specifically singled out problems with a Walmart iPhone 5 sale.



The retailer claims that it lost about $65,000 in profit when the Walmart promotion hit Facebook, since it was forced to pricematch when asked. More importantly Best Buy suggests that Walmart didn't have enough iPhones in stock to meet demand, naturally forcing customer overflow to the competition. Walmart insists that it in fact had 98 percent availability at its stores, and cooperated with Apple to ensure a good supply. At the same time, it says that the promotion was a first-come-first-served deal with no rainchecks where stock did run out. Best Buy, Walmart, and RadioShack all launched aggressive iPhone 5 sales within weeks of each other, trying to maximize holiday numbers. Third-party vendors typically carry a tiny amount of iPhones next to Apple Stores, though, redirecting a lot of traffic in Apple's direction.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Most Recent Stories:

  • Yosemite adoption outpacing last year's Mavericks, now at 12.8 percent - 9:45 PM EST
  • Memo shows Rite-Aid's disabling of Apple Pay, NFC systems deliberate - 7:16 PM EST
  • Sprint adds 12-month option to 'iPhone for Life' leasing plan - 4:58 PM EST
  • Apple submits revised plans for Phase 2 of new Cupertino campus - 4:51 PM EST
  • Friday Deals: iOS Grand Theft Auto, 240GB SSD, 1TB external, more - 4:25 PM EST
  • AT&T locking Apple SIMs in new iPad models, buyers complain - 3:52 PM EST
  • Forums: Yosemite is a big win (or fail depending on who you ask) - 3:46 PM EST

    Today's iPodNN Stories:
  • MetroPCS adds data plans for tablets, sells Alcatel Onetouch Pop 7 - 3:21 PM EST
  • Ransomware found on online advertising networks used by major sites - 11:41 AM EST
  • Sprint increases Family Share Pack range with 1GB plan for $20 - 8:08 AM EST
  • Briefly: More Inbox invitations sent, LG G Watch R rollout details - 7:04 AM EST
  • LG reveals Nuclun octa-core processor, confirms G3 Screen smartphone - 6:32 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.