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Wal-Mart profit below forecasts despite better sales

Wal-Mart Stores Inc's decision to absorb most of the rising food costs for its stressed U.S. shoppers and spend on its e-commerce business weighed on profitability, even as key U.S. sales rose for the first time in more than two years.
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Wal-Mart same-store sales rose strong 1.3 percent

Wal-Mart Stores Inc said on Tuesday that sales at its U.S. discount stores open at least a year rose a better-than-expected 1.3 percent during the third quarter, ending a string of nine consecutive quarterly declines.
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U.S. Heiress Brings Art to Middle America

The heiress daughter of Wal-Mart founder Sam Walton is bringing art to Middle America when she opens a new museum this week featuring an immense collection of American art.
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Wal-Mart offers early preview of Black Friday deals

Wal-Mart Stores Inc said on Wednesday it will soon give fans a sneak peek at its Black Friday deals and will hold a sale this Saturday, as the world's largest retailer and other U.S. chains make an early effort to win over fickle shoppers this holiday season.
"Black November"

Black Friday 2011: Best Walmart, Amazon Deals for 'Black November'

Black Friday may not be until Nov. 25, but Amazon, Walmart and computer store Newegg promise a Black November with deals and pre-order discounts throughout the month. View our list of the best deals so far, and remember that most items (like those that change every 6-8 hours on Amazon.com) will sell out fast!
A screen grab shows the access to Netflix online as displayed on a television screen in Encinitas

Netflix Warns of More Cancellations, Shares Drop

Netflix Inc lost more customers than it anticipated in the third quarter and warned of still more defections to come, pushing its shares down almost 20 percent as the one-time Wall Street star grapples with the fallout from a price hike and other unpopular moves.
Children Goes Trick or Treat

A Treat For Retailers As Consumers Fall For Halloween Tricks

The National Retail Federation (NRF) has spelt ghoulish Halloween spending this year in its’ 2011 Halloween Consumer Intentions and Actions Survey. Overall, 2011 will see Americans spend about $6.86 billion on Halloween, according to the survey. The latest survey therefore could spell kudos for the food Industry and the retail sector in their ingenuity in marketing “Halloween” since its official inception in the 1920s. 40 years on, retail shelves scramble for volumes to spook us even before th...

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