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RadioShack profit misses estimates

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RadioShack Corp's quarterly profit missed estimates by one cent on weak demand for its converter boxes, laptop computers and wireless accessories.

Booksellers ask Justice Dept to probe price wars

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The American Booksellers Association has asked the U.S. Department of Justice to investigate a recent price war on books sold online between such retail giants as Wal-Mart Stores Inc, Amazon.com Inc and Target Corp ahead of the holidays.
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Daily Wrap Up - Oct 22

Pay Cuts at Bailed Out Businesses; Leading Indicators on Six Mont Tear; Wal-Mart's Modest Approach
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Wal-Mart sees sales up this year and next

Wal-Mart Stores Inc said on Thursday it expects sales to grow 1 to 2 percent in the current fiscal year and 4 to 6 percent next year, with square footage up 4 percent in both years.
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Wal-Mart keeps conservative growth approach

Wal-Mart Stores Inc said on Thursday it will keep its conservative approach to U.S. expansion as it pours resources into renovating stores or exploring higher-return investments abroad.
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Wall St loses ground; Boeing, Wal-Mart slide

U.S. stocks turned lower heading toward the close on Wednesday as a drag from Boeing Co and Wal-Mart Stores Inc offset gains in the natural resources sector and reassuring profits in banking and technology.
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Sears offers shoppers credit for book purchases

Sears is joining the battle to win book sales, saying on Tuesday that it will give shoppers a credit toward a future purchase if they buy select books on its website or those of Target Corp, Amazon.com and Wal-Mart Stores Inc.
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Fewer holiday goods spurs U.S. retail scramble

Some store chains are hedging a major bet they made this year by slashing inventories, sometimes as much as 25 percent, to make sure they do not get stuck with a glut of merchandise for a second consecutive year.
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Wal-Mart Internet expansion set to succeed-Moody's

Wal-Mart Stores Inc's expansion into e-commerce will likely be successful as the company's aggressive price cuts and broad distribution capability may give Amazon.com Inc a run for its money, Moody's Investors Service said on Monday.
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Michael Buble beats KISS on album chart

After only three days of sales, Michael Buble's new album topped the Billboard 200 chart, while rock legends KISS finished in second place, the highest album-chart position of their career.
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Wal-Mart offering no-contract wireless plans

Wal-Mart Stores Inc said on Wednesday it will begin offering two new no-contract wireless service plans at its U.S. discount stores, including a $30 prepaid plan that includes 1,000 minutes.
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Walmart.com seeks boost with latest launch

Walmart.com wants to be the first place U.S. consumers go to when making an online purchase, and its announcement on Tuesday that it will sell health and beauty products will help it reach that goal, its chief executive officer said in an interview.
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Walmart.com now selling health, beauty items

Wal-Mart Stores Inc's online division said on Tuesday that it is now selling a wide range of personal care items, including diapers, vitamins and over-the-counter medication, for home delivery.
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Costco and Family Dollar beat expectations

Family Dollar Stores Inc and Costco Wholesale Corp reported better-than-expected quarterly profits on Wednesday and said sales improved in September from preceding months, sending their shares higher.
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Retail sales to show slump may persist

U.S. retailers probably saw sales decline again in September, signaling weak demand leading into the holiday season that will require chains to sharpen their focus on value.
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Walmex seen posting strong 15 pct net jump

Leading Mexican retailer Wal-Mart de Mexico is expected to post a strong 15 percent rise in third-quarter profits as it uses promotions aimed at shoppers with little money to spend trying to beat the recession.
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Wall Street trims earlier losses; Apple gains

U.S. stocks traded slightly lower on Friday, rebounding from early losses, as gains in technology and financial shares helped offset some of the losses brought on by weak monthly employment figures.
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Wal-Mart sees slow U.S. business recovery

Wal-Mart Stores Inc, the world's biggest retailer, sees a slow recovery from challenging U.S. business conditions, while its Asia operations are a little better, its Chairman Rob Walton said on Friday.

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