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Tuesday, March 23, 2004
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From Sweatshops to Recording Studios, Wal-Mart Knows "Cheap"
Wal-Mart, the world's largest retailer and sweatshop proprietor has officially launched its online music store, undercutting competitors'
prices by 11 percent in a bid to vitalize it's on-line business.
The store also expanded its catalog of "artists" by 50 percent, including exclusive songs from Jessica Simpson,
3 Doors Down, Shania Twain and others, the Arkansas-based retailer said.
Wal-Mart spokeswoman Cynthia Lin declined to comment on whether the service has yet been profitable during it's long betas stage,
or on how many songs had been downloaded, but said demand "far exceeded" company forecasts.
[The New York Times]
2:22:07 PM
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