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Top Retailers Report Strong Profit, but Walmart
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Posted On: 02/22/2012 5:51:03 AM
Posted By:
junewong
Top Retailers Report Strong Profit, but Walmart Shoppers Struggle
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By STEPHANIE CLIFFORD
Walmart, Macy’s, Home Depot and Saks Fifth Avenue all reported sales increases for their fourth quarters ending in January. But Walmart had to lower prices aggressively, hurting its profit.
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