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Smarter Shoppers vs. Smarter Sellers
Some retailers are finding ways to profit even in the face of declining sales. On Tuesday, luxury retailer Saks Inc. reported a surprise profit and Target Corp. notched its first rise in year-over-year net income in eight quarters. But both companies reported declines in sales at stores open for a year, and predicted more of the same in the current quarter, which includes Christmas.
Submitted by
AmericanConsumer
11/18/2009
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AmericanConsumer
11/18/2009
AmericanConsumer is playing it
RTH
Short
3.2%
RTL
Short
4.2%
XRT
Short
2.32%
I am playing this headline with (XRT RTH RTL) because I'm betting the shoppers win this battle...
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