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1/30/08
Economic Downturn? Wal-Mart to the Rescue

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While much of the retail industry is hoping that Congress will pass a stimulus package that will get consumers shopping again, Wal-Mart is looking to jumpstart spending with a price rollback of 10 to 30 percent on thousands of items in its stores and on its website. How effective will Wal-Mart's latest rollback public relations effort be in driving traffic to its stores and grabbing market share in the short and longer term?

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