Walmart, Kohl's Pushing Discounts

Deseret News (Salt Lake City) › November 13, 2009

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Summary

NEW YORK (AP) -- Shoppers' focus on staples such as socks and underwear is driving murky holiday outlooks at Wal-Mart and Kohl's, even as both posted higher third-quarter earnings Thursday.

Both signaled they plan aggressive discounting to hang on to customers and drive sales this holiday season.

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Walmart, Kohl's Pushing Discounts

Wal-Mart Stores' price-cutting...

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