Wal-Mart pushing Sales of Blu-ray Players
Posted on Wed, 4 Jun 2008 05:00:00 CDT | by Luigi Lugmayr
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NEW YORK (Reuters) - With the high definition DVD format war settled, Wal-Mart
Stores Inc is now aggressively promoting sales of Blu-ray players.
The world's largest retailer said on Tuesday that from June 8-14, it is offering
a $100 Wal-Mart gift card with the purchase of any Blu-ray player in its stores.
Wal-Mart has also increased the brands of Blu-ray players it sells, adding
Magnavox, Samsung and Panasonic, and it will sell select Blu-ray movie titles
for $15 starting June 8, including "3:10 to Yuma," "Shooter" and "300."
Until earlier this year, consumers who were seeking sharper movies on
high-definition DVDs had to choose between two competing standards -- the Blu-ray
high-definition DVD format, developed by Sony Corp and the rival HD DVD camp,
which was backed by Toshiba Corp .
The competing standards stalled the shift to the new technology in the $24
billion home DVD market as consumers, worried they would be stuck with obsolete
technology, avoided buying the players.
But in February, Wal-Mart said it planned to exclusively back the Blu-ray format
and later that month, Toshiba said it would end its HD DVD business.
Wal-Mart, which has been working to boost sales of consumer electronics, also
said on Tuesday it has completed the redesign of its consumer electronics
department in stores nationwide.
The redesigned departments include more space for consumers to test video games,
an expanded selection of GPS navigation products, a new display center for
computers and a bigger selection of high-definition TVs.
(Reporting by Nicole Maestri; editing by Maureen Bavdek)
© Copyright 2008 Reuters.
Posted on Wed, 4 Jun 2008 05:00:00 CDT | by Luigi Lugmayr
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