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U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month as holiday sales are shaping up to be the worst in 40 years. ...more
December 30, 2008
Here's a sign of how shaky the economy has become: Wal-Mart says its shoppers are redeeming their holiday gift cards for basic items - pasta sauce, diapers, laundry detergent - instead of iPods or DVDs. ...more
February 7, 2008
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