Walmart Kicks Off Early Savings this Holiday Season with Incredible Prices on Top Consumer Electronics Gifts

BENTONVILLE, Ark., Nov. 2, 2010 /PRNewswire/ -- Focused on bringing families a holiday season full of entertainment for less, Walmart (NYSE: WMT) today announced "The Amazing Walmart Electronics Event" with great savings on the season's favorite consumer electronics gifts. Beginning on Saturday, Nov. 6(1), Walmart stores and Walmart.com will offer incredible prices on a full line of Vizio HDTVs, a Compaq laptop and a Sony PlayStation 3 Move Bundle. 

Recent research from the Consumer Electronics Association(2) shows that shoppers will spend more on consumer electronics gifts this holiday season than ever before, and 32 percent of consumers plan to start shopping for these gifts in November. Video game consoles and laptops were among the top five presents that consumers will be giving this year.

"We know our customers are starting their holiday shopping now, and they are looking for consumer electronics gifts that the entire family can enjoy together," said Gary Severson, senior vice president of Entertainment, Walmart U.S. "This is the first of many holiday savings events around the hottest consumer electronics gifts, and we are committed to continuing to offer families incredible savings on the best gifts they want throughout the entire holiday season."

"The Amazing Walmart Electronics Event" begins at 8:00 a.m. on Saturday, Nov. 6 through Nov. 7 or while supplies last. The majority of these prices will also be available on Walmart.com. Online times may vary.

HDTVs:

No matter the living room size, Walmart stores and Walmart.com offer HDTVs so families can enjoy favorite holiday movies together throughout the entire season.

• 26" Vizio LED HDTV (720p model) was $298, now $198* ($100 savings)
• 32" Vizio LCD HDTV (720p model) was $348, now $298* ($50 savings)
• 42" Vizio LCD HDTV (1080p model) was $548, now $498* ($50 savings)
• 47" Vizio LCD HDTV (1080p model, 120Hz refresh rate) was $798, now $698* ($100 savings)
• 55" Vizio LCD HDTV (1080p model, 120Hz refresh rate) was $1,098, now $898* ($200 savings)

Laptops:

For parents wanting to purchase a new laptop for their children, Walmart offers a 2GB RAM, 250GB Hard Drive, Intel Celeron laptop for less than $300.

• Compaq 15.6" Laptop at $288

Video Games:

Families looking to get their game on this holiday season can purchase a special PlayStation 3 bundle.

• Sony PlayStation 3 320 GB Console with Move Bundle (includes PlayStation Eye camera, PlayStation Move controller and Sports Champions), $399 plus $50 Walmart or Walmart.com Gift Card*

Music:  

Music loving moms can start stocking her kids' stockings early with a $50 iTunes Gift Card(3) from Walmart, available for $35 while supplies last. Limit two per customer.

*Also available on Walmart.com

Shoppers can find more information about Walmart's ongoing holiday savings events this season by going to www.walmart.com/ChristmasShop. In addition, Walmart always matches the price of any local competitor's printed ad for an identical product right at the cash register.

(1) Event dates are Saturday, Nov. 6 through Nov. 7, 2010. Quantities of all items are limited. No rain checks. Not valid in Puerto Rico. Prices and availability may vary in Alaska, Hawaii, Oklahoma and Wisconsin.  

(2) Consumer Electronics Association (CEA), 17th Annual CE Holiday Purchase Patterns Study, Oct .19, 2010.

(3) Gift Card offering not available in Hawaii, Oklahoma, Wisconsin and Puerto Rico. Not available on Walmart.com. We will limit the number of items purchased per customer to two. Void where prohibited.

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT), or "Walmart," serves customers and members more than 200 million times per week at more than 8,400 retail units under 55 different banners in 15 countries. With fiscal year 2010 sales of $405 billion, Walmart employs more than 2 million associates worldwide. A leader in sustainability, corporate philanthropy and employment opportunity, Walmart ranked first among retailers in Fortune Magazine's 2010 Most Admired Companies survey. Additional information about Walmart can be found by visiting www.walmartstores.com and on Twitter at http://Twitter.com/Walmartnews. Online merchandise sales are available at www.walmart.com and www.samsclub.com.

SOURCE Walmart