(4 pm. – promoted by ek hornbeck)
Wal-Mart: Our shoppers are ‘running out of money’
By Parija Kavilanz, senior writer, CNNMoney
April 28, 2011: 2:41 PM ET
“We’re seeing core consumers under a lot of pressure,” (Wal-Mart CEO) Duke said at an event in New York. “There’s no doubt that rising fuel prices are having an impact.”
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Now, with its strategy of low prices all the time back in place, Duke said making Wal-Mart a “one-stop shopping stop” is a critical response to dealing with the rising price of fuel.Americans don’t have the luxury of driving all over town to do their shopping.
Wal-Mart brings guns back
By Parija Kavilanz, senior writer, CNNMoney
April 28, 2011: 1:24 PM ET
NEW YORK (CNNMoney) — Wal-Mart said Thursday that it is bringing guns back to many of its U.S. stores in an effort to lift slumping sales.
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Wal-Mart currently sells rifles, shotguns and ammunition in about 1,300 stores in the United States.Those firearms will now be available at about half of Wal-Mart’s 4,000 stores.
Tip of the hat to Chris in Paris who opines-
Is it asking for too much to have our political leadership implement policies that help the middle class as opposed to the continuing strategy that helps Wall Street?
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