Tuesday, November 24, 2009

For Wal-Mart and Amazon, the First Round of a Price Fight - NYTimes.com

Sign of the times

Ali had Frazier. Coke has Pepsi. The Yankees have the Red Sox.

Now Wal-Mart, the mightiest retail giant in history, may have met its own worthy adversary: Amazon.com.

In what is emerging as one of the main story lines of the 2009 post-recession shopping season, the two heavyweight retailers are waging an online price war that is spreading through product areas like books, movies, toys and electronics.

For Wal-Mart and Amazon, the First Round of a Price Fight - NYTimes.com

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