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VOL. 128 | NO. 218 | Thursday, November 07, 2013

Wal-Mart Blames Price Errors on Technical Glitch

ANNE D'INNOCENZIO | AP Retail Writer

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NEW YORK (AP) – Treadmills for $33? Computer monitors for $9? The deals are too good to be true – even at Wal-Mart.

It turns out they're not.

Wal-Mart Stores Inc. says a "technical error" caused certain products to be priced absurdly low or high on its website earlier Wednesday morning.

The company said it's working to resolve the issue and that the site may have intermittent problems with availability until then.

"We apologize for any inconvenience to our customers," said Ravi Jariwala, a spokesman for Wal-Mart's online operations.

Earlier Wednesday, shoppers took to Twitter to cite ridiculously low prices like treadmills for $33.16 and Hewlett Packard LCD monitors for $8.85. Jariwala declined to comment on whether the retailer would honor bargains that customers scooped up and said it was still working through the details.

Heading into the crucial holiday shopping season, Wal-Mart has doubled the number of items it has on its website from last year to 5 million.

That's expected to help fuel a 30 percent growth in online sales to $10 billion for its current fiscal year, which ends in late January. That's still just a sliver of the $486 billion in annual sales Wal-Mart did last year.

Wal-Mart is based in Bentonville, Ark.

Follow Anne D'Innocenzio at www.twitter.com/adinnocenzio

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 153 14,870
MORTGAGES 64 144 19,474
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 217 359 35,689
BANKRUPTCIES 59 121 14,155
BUSINESS LICENSES 24 86 5,077
UTILITY CONNECTIONS 71 170 21,603
MARRIAGE LICENSES 22 59 4,616

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