Wal-Mart cutting prices on more than 100 toys

Wal-Mart cutting prices on more than 100 toys - USATODAY.com
Wal-Mart Stores (WMT) on Wednesday declared an early start to the holiday shopping season, cutting prices on more than 100 toys and games, effective immediately.

The world’s biggest retailer said the markdowns were “just the start of thousands of price cuts on key gift, entertaining and holiday items,” setting the stage for a fiercely competitive finish to the year.

Wal-Mart said the price cuts include the Hot Wheels Radar Gun, made by Mattel (MAT), for $20, down from $29.74, and board games such as Hasbro’s (HAS) Monopoly Here & Now for $15, down from $28.96.

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