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Tax rebate checks gave consumers a little extra money in their pockets during May, but most were still spending conservatively, buying necessities such as food and gas and shying away from splurging on clothing or furniture. The result was some better-than-expected sales for the nation's retailers, with lower-priced merchants such as discounters and wholesale clubs showing the strongest gains. ...more
June 6, 2008
Apparel retailers who once saw the government's economic stimulus plan as way to heat up winter's dismal sales are wondering if it's ever going to get warm. ...more
June 3, 2008
Wal-Mart said Tuesday that it will discount some products as much as 30 percent as it aims to lure customers by under-pricing rivals. Price reductions will be available on thousands of items, including food, televisions, gym equipment and home products. ...more
January 30, 2008
Target Corp., Limited Brands and Dillard's reported quarterly earnings that trailed analysts' estimates after rising mortgage payments and gasoline prices crimped consumer purchases. ...more
November 21, 2007
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