Walmart’s Cyber Monday Starts On Sunday

WalMart Cyber Monday

Walmart is starting its Cyber Monday deals on Sunday, November 29, at 8 p.m. ET. CEO Fernando Madeira also said the company’s “quadrupling the number of Cyber Monday specials.”

As the name suggests, most internet companies start their Cyber Monday deals on the Monday following Black Friday.

Walmart claims that Cyber Monday was started so people at work could take advantage of faster internet speeds at their office to surf the web for deals.

Walmart rolled forward the sales to Sunday, now that “faster Internet spread to more homes and smartphones.”

“It can be exhausting for working parents and Millennials to stay up past midnight to shop online, only to wake up early the next day to get ready for work,” said Madeira, in a press release.

WalMart’s Cyber Monday is focused on electronics which include a Samsung LCD TV selling for $498, marked down from the list price of $700. There is also a Samsung Galaxy smartphone for $99, down from $350, and a Dell laptop for $319, down from $449.

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If you want to purchase a wrong, Walmart is selling the Air Hogs Video Drone, which normally costs $109, for $75.

The company says nearly 90% of the deals come with free shipping.

WalMart is likely to face plenty of competition from Amazon, which has traditionally owned the Cyber Monday deal space.

Written by Lane Hanson

Lane Hanson

Lane Hanson is BusinessPundit's Economy Editor. He reports on major changes in the US and Global Economies.