Wal-Mart enters the casket business
Wal-Mart quietly slid into the afterlife industry last week, putting up 15 caskets and dozens of urns for sale on its website, according to the Associated Press. The caskets ship within 48 hours and are priced at less than $2,000, with budget models such as "Dad Remembered" and "Mom Remembered" steel caskets tagged at $999. You can also plan ahead and pay off the casket in 12 months interest-free.
Sounds creepy that they want your dollars in life and after? Rival Costco has been doing that for quite some time.
Wal-Mart downplays its latest product, telling AP that the company is simply conducting a limited beta test to gauge customer response. But will its entry into the market with competitive prices spell the burial for the high-markup casket industry?
We don't know yet. What we do know is even though this whole thing is somewhat discomforting, it could be a good option for consumers on a tight budget.
Read more: How make your funeral green