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Improving economy cutting into discount chains

Improving economy cutting into discount chains

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Rob Archer
May 29, 2010
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Improving economy cutting into discount chains
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Looks like a price war is brewing between the major discount chain stories like Walmart and Target, with Walmart planning to cut prices even more to try and win back customers.

The problem? The economy is improving, so bargain-hunting shoppers aren't hunting for as many bargains.

The sharp cuts at its U.S. Walmart stores, which came ahead of Memorial Day …

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