Wal-Mart latest to focus offers on 2008 Federal Tax Rebates

Wal-Mart unveiled its plans to entice U.S. shoppers to spend their tax rebates in its discount stores, offering to cash the checks for free. Wal-Mart said no purchase will be necessary to cash the checks at its customer service desks or in its MoneyCenters financial services centers it operates in its stores.

The retailer has cut prices on key grocery and other items like shampoo, juice and sports drinks, to coincide with the distribution of the rebates.

irslogo.gif This is the 3rd major grocery chain to offer discounts and incentives that are tied to the 2008 Federal Tax Rebate program. Kroger's program as well as SUPERVALU's program can make a $300 rebate worth $330.

Grocery shoppers can realize substantial savings by taking advantage of these offers and combining their purchases with grocery coupons and weekly sales.

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Reuters