Walmart cuts gas prices for three months - WALB.com, South Georgia News, Weather, Sports

Walmart cuts gas prices for three months

BENTONVILLE, Ark. (AP) - Walmart Stores Inc. is cutting gas prices by 10 cents a gallon for three months to help consumers worried about their spending amid a sputtering economy and busy summer travel season.

"Our customers have told us that high gas prices are a top budget concern, nearly as large an expense to their households as food and groceries," Chief Marketing Officer Stephen Quinn said in a statement.

Wal-Mart is well aware that rising gas prices and other household costs are squeezing shoppers' budgets, reporting at its annual shareholders meeting earlier this month that shoppers appear to be focusing on groceries and little else.

To help ease consumers' worries, the world's biggest retailer announced Wednesday that customers visiting participating Murphy USA and Walmart gas stations in 18 states through Sept. 30 will receive a discount on all fuel, gas and diesel purchases when they use a reloadable Walmart gift card, Walmart MoneyCard or a Walmart credit card.

Gas prices neared $4 a gallon in late April and early May, but have since fallen to a national average of $3.57 per gallon. Still, the government reported on Monday that Americans spent at the weakest pace in 20 months in May, a sign gas prices may be hurting the economic recovery.

Wal-Mart said the discount will be taken immediately at the gas pump, with no other restrictions or requirements. The Bentonville, Ark. company said that a complete list of participating Walmart and Murphy USA locations can be found at www.walmartstores.com/gasrollback .

Wal-Mart, which had fiscal 2011 sales of $419 billion, has 9,000 stores in 15 countries.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Albany city leaders plan new initiatives

    Albany city leaders plan new initiatives

    Monday, May 21 2018 7:13 AM EDT2018-05-21 11:13:44 GMT
    City of Albany leaders hope to implement these projects in 2018 (Source: WALB)City of Albany leaders hope to implement these projects in 2018 (Source: WALB)
    City of Albany leaders hope to implement these projects in 2018 (Source: WALB)City of Albany leaders hope to implement these projects in 2018 (Source: WALB)

    The city now has funds saved to pay for some new initiatives, like community safety officers, expanding transit service on Ledo Road and through federal funding, there will be improvements at Southwest Georgia Regional Airport. 

    More >>

    The city now has funds saved to pay for some new initiatives, like community safety officers, expanding transit service on Ledo Road and through federal funding, there will be improvements at Southwest Georgia Regional Airport. 

    More >>
  • Mitchell Co. helps cancer patient with battle

    Mitchell Co. helps cancer patient with battle

    Monday, May 21 2018 12:18 AM EDT2018-05-21 04:18:57 GMT
    This couple has been married for five years and was given bad news this year. (Source: WALB)This couple has been married for five years and was given bad news this year. (Source: WALB)
    This couple has been married for five years and was given bad news this year. (Source: WALB)This couple has been married for five years and was given bad news this year. (Source: WALB)

    Matthew Leverette, a well-known man in Mitchell County, has been in a tough battle against cancer since March. Sunday, he wanted his neighbors to know how important their support is to him when times get tough. 

    More >>

    Matthew Leverette, a well-known man in Mitchell County, has been in a tough battle against cancer since March. Sunday, he wanted his neighbors to know how important their support is to him when times get tough. 

    More >>
  • Fathers make impact with young boys for Empowerment Day

    Fathers make impact with young boys for Empowerment Day

    Sunday, May 20 2018 11:41 PM EDT2018-05-21 03:41:09 GMT
    Brainiacs 21st Century Learning hosted their first annual Father and Son Empowerment Day. (Source: WALB)Brainiacs 21st Century Learning hosted their first annual Father and Son Empowerment Day. (Source: WALB)
    Brainiacs 21st Century Learning hosted their first annual Father and Son Empowerment Day. (Source: WALB)Brainiacs 21st Century Learning hosted their first annual Father and Son Empowerment Day. (Source: WALB)

    Young boys in Albany spent Sunday learning about the importance of having a father figure in their life.

    More >>

    Young boys in Albany spent Sunday learning about the importance of having a father figure in their life.

    More >>
Powered by Frankly