(Reuters) - Shoppers looking for a bargain got some big ones, if only temporarily, at Walmart.com Wednesday morning.
A technical glitch on the Wal-Mart Stores Inc U.S. website offered some items at a fraction of their actual retail price.
Treadmills, which normally cost hundreds of dollars, were priced at $33.16. LCD computer monitors were offered for $9.
Ravi Jariwala, a spokesman for Walmart.com, said in the late afternoon that the problem had been fixed and that the mistakenly priced orders would not be honored.
"Given the wide discrepancy in pricing, we are notifying customers who ordered these items that their orders have been canceled and that they'll be refunded in full," Jariwala said in an e-mail. Walmart.com will also offer those shoppers a $10 gift card.
The company did not say how many orders were placed at the low prices. Most of the affected products were electronics, said Jariwala, adding that the website was not available at times on Wednesday while repairs were made.
The glitch comes at the start of what analysts say will be a particularly competitive holiday season.
Wal-Mart Stores Inc kicked off its online holiday-season deals on November 1, a month earlier than usual. The earlier deals and bigger incentives come after data firm ShopperTrak forecast the slowest holiday sales growth since 2009.
"This is particularly disappointing since Wal-Mart has been investing aggressively in e-commerce in the last two years," said Brian Sozzi, CEO & Chief Equities Strategist at Belus Capital Advisors.
(Reporting by Jilian Mincer. Additional reporting by Phil Wahba; Editing by John Wallace and Ken Wills)
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Remember when you were told that these little things would be worth ridiculous amounts of money? How's that working out for you?
Tickle Me Elmo
The popularity of the toy led to a human <a href="http://www.people.com/people/archive/article/0,,20143226,00.html">stampede</a> at a Walmart in Canada back in 1996. Pretty sure no amount of cute is worth that much.
Gak is gross. It's basically a ploy to get kids to stop playing with their boogers.
Did anyone <em>not</em> lock their Furby in a closet after it wouldn't shut up for over a week?
Bop It was made for kids who wished they had an older brother. It's loud, obnoxious and orders you around.
People collected hundreds of these cardboard circles, allegedly to play some kind of game. Never has anyone in the history of the world played that game.
Parents who refused to get their kids a puppy said Tamagotchis were JUST like pets. Turns out they're more like boring pieces of plastic. Live and learn.
If your dad wasn't stepping on enough Legos with his bare feet, you could plant some of these babies in the living room carpet.
The only thing crazy about Crazy Bones is that people paid money for them!
Basically just a synthetic hair ball.
Pokemon taught children to walk around the forrest and capture wild animals. Not a great hobby for a second grader.