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

AP Source: Pacers sign Monta Ellis; Duncan will return & other NBA free agency news

Dallas Mavericks point guard Monta Ellis warms up in front of an advertisement paid for by The Indiana Economic Development Corp. before an NBA preseason basketball game in Indianapolis, Wednesday, Oct. 16, 2013. The IEDC has signed a deal with the Pacers for sponsoring the basketball court inside Bankers Life Fieldhouse. (AP Photo/AJ Mast)

A person with direct knowledge of the situation tells The Associated Press that Ellis has agreed to terms with the Pacers on a four-year deal worth $44 million and other NBA free agency news.

in Sports

Rangers’ Martin St. Louis announces retirement

In this March 4, 2015, file photo, New York Rangers right wing Martin St. Louis (26) shoots against the Detroit Red Wings in the third period of an NHL hockey game in Detroit. Rangers forward Martin St. Louis is retiring after 16 NHL seasons, seven All Star selections and one Stanley Cup with the Tampa Bay Lightning. St. Louis made the announcement Thursday, July 2, 2015, roughly a month after helping the Rangers reach the Eastern Conference finals, where they lost to the Lightning in seven games. (AP Photo/Paul Sancya, File)

The 40-year-old St. Louis was uncertain whether he would return for another season after the Rangers were eliminated, but it was clear that New York was not going to bring him back.

in Entertainment

Filmmakers bet on ‘Monopoly’ movie

monopoly

SANTA MONICA, Calif. (AP) — “Monopoly” is going Hollywood. Lionsgate says it will turn the classic board game into a…

in Sports

Wimbledon: Nadal stunned by Dustin Brown in 2nd round

Dustin Brown of Germany, gestures after defeating Rafael Nadal of Spain, during their singles match, at the All England Lawn Tennis Championships in Wimbledon, London, Thursday July 2, 2015. (AP Photo/Pavel Golovkin)

Dustin Brown, a German of Jamaican heritage with a clever touch and a throwback serve-and-volley game, beat Nadal 7-5, 3-6, 6-4, 6-4 on Centre Court on Thursday.

in Music

‘The Boss’ joins a Beach Boy onstage

14-overlay2

East met West as the Jersey Shore musician jammed with California legend Brian Wilson.

Bellingham Traffic