Daily Finance
08/10/10
Wal-Mart Stores (WMT), which for years has touted its prowess at lowering prices, has been doing the opposite as it tries to bolster its bottom line amid stagnating sales.
A JPMorgan Chase (JPM) study of a Walmart Supercenter in Virginia found that the world's largest retailer has raised prices by nearly 6% on average over the past six weeks, according to the New York Post. Reuters says it was the biggest sequential increase since JPMorgan started the study in January 2009.
Some Prices Hiked Over 60%
Some of the price hikes were considerably larger. For instance, the price of a 32-ounce bottle of Windex household cleaner jumped 50%, a 12-ounce box of Quaker Oats instant grits climbed 65% and a 50-ounce container of Tide detergent rose by more than 50%. A spokesperson for the Bentonville, Ark., company could not immediately be reached for comment.
Almost EVERYTHING we have been told (and are still being told) are lies . . . the sooner that humanity admits that it has been duped, the sooner something gets done about it . . .
Monday, August 16, 2010
Wal-Mart Quietly Raises Prices-Up To 60% On Certain Items
Labels:
banksters,
economy,
hyperinflation
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Sheeple
The Black Sheep tries to warn its friends with the truth it has seen, unfortunately herd mentality kicks in for the Sheeple, and they run in fear from the black sheep and keep to the safety of their flock.
Having tried to no avail to awaken his peers, the Black Sheep have no other choice but to unite with each other and escape the impending doom.
What color Sheep are you?
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100627
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