Sunday, December 23, 2007

Discounting key to boosting holiday sales this year (Reuters)



A view of the Wal-Mart store in Broomfield, Colorado June 7, 2007. Aggressive discounting paid off for the period's stalwarts -- Wal-Mart Stores Inc, Costco Wholesale Corp, J.C. Penney Co Inc and Barnes  and  Noble Inc, consumer marketing firm America's Research Group said. (Rick Wilking/Reuters)Reuters - U.S. retailers offering the widest
discounts were the winners of this year's holiday shopping
season, as budget-conscious consumers scrounged for deals in a
challenging sales environment, according to a national survey
released on Sunday.




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