Wal-Mart Launches Online Music Store
By Ian Bell
March 23, 2004
At just 88 cents per song, Walmart is undercutting the competition once again and offering music downloads from their online store.
Wal-Mart Stores Inc. on Tuesday tuned up its online music store, undercutting competitors' prices as the world's largest retailer officially launched a venture designed to boost its Web businesses.
The store, which sells digital downloads for 11 percent less than major competitors, expanded its catalog of artists by 50 percent, including exclusive songs from Jessica Simpson, 3 Doors Down, Shania Twain and others, the Bentonville, Arkansas-based retailer said.
Read more at Reuters