Walmart announces price cuts on thousands of items across stores and online
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Walmart announces price cuts on thousands of items across stores and online

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Walmart said it is lowering prices on a wide range of products, from groceries to outdoor goods, in stores, Sam's Club and its websites, while the president praised the move on social media.

Walmart announced on Monday that it will reduce prices on thousands of items, including beef, soda, laundry detergent, grills, sunscreen and lawn mowers. The discounts will be applied in its physical stores, Sam's Club locations, Walmart.com, Sam'sClub.com and the related mobile apps.

The retailer said the cuts took effect last week and are part of its ongoing strategy to emphasize low prices and affordability. A Vital Knowledge analyst noted that the move aligns with Walmart’s long-standing focus on price competitiveness.

President Donald Trump posted on social media that the price reductions were made at his administration’s request to mark the nation’s 250th anniversary. Walmart did not comment on the president’s statement, and its own announcement did not reference the comment.

The price reductions follow a February announcement in which Walmart said it had raised prices on general merchandise after higher U.S. tariffs on imports. The new cuts come amid broader concerns about the cost of living, with recent surveys indicating that many Americans feel financial pressure.

"I have just been informed that one of the biggest, best, and smartest retailers in America, Walmart, will be lowering prices, by a lot, at my Administration's request to celebrate our great Country's 250th birthday," Trump wrote.

"Just as I promised, oil prices are plummeting fast, and gas prices at the pump are dropping too, just like egg and prescription drug prices which I am bringing down by historic levels," he added.

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CBS News

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