Wal-Mart: Discounts to continue in 2010
The retailer says it will extend its holiday deals and introduce more promotions next year.
By Jeanine Poggi, TheStreet
Wal-Mart shares have dropped 2.7% this year, trailing the 15% advance of the S&P 500 Consumer Staples Index. It’s the third-worst performing stock in the Dow Jones Industrial Average.
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Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
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