The new school year is approaching and a retail giant is ready for the back-to-school shoppers.
Walmart is cutting prices by at least 10 percent and increasing back-to-school products sold on its website by 30 percent to 75,000 items.
The company also offers teachers savings on classroom supplies starting Friday.
Teachers who shop at Walmart stores during its Teacher Appreciation Week, July 25 to 31, are eligible to receive a Walmart eGift Card for 10 percent back on nearly 15,000 products, from pencils and glue to classroom decor.
Teachers can register for the savings promotion at www.walmart.com/teachers.
Walmart estimates teachers spend about $1,000 preparing their classrooms and half of that comes from their own pockets.
The retailer announced the teacher-exclusive savings event as data shows 53 percent of teachers received less in funding last year.
“We applaud Walmart for stepping up and expanding their support of education and teachers,” said Nolan Kawano, president of the Public Schools of Hawaii Foundation. “Teachers are always spending out of their own pockets to support their classrooms and, by offering teachers special savings on back-to-school supplies, Walmart is helping to ease that burden and stretch their limited budgets.”
The retailer has donated more than $20 million to U.S. educators in the last five years.