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Stores post disappointing January sales

Posted: Fri Feb 08, 2008 7:47 am
by Bob Juch
Here's a sign of how shaky the economy has become: Wal-Mart (NYSE:WMT) says its shoppers are redeeming their holiday gift cards for basic items -- pasta sauce, diapers, laundry detergent -- instead of iPods or DVDs.

Full story here

That's what I'm doing with the $50 Target card I redeemed for some of my T.G.I. Friday's Goldpoints.