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• For Wal-Mart, it is always low prices…but sometimes, even lower.

The retailer said yesterday that it will reduce the prices on more than 15,000 items this week as a prelude to the upcoming end-of-year holiday season. The cuts are said to be 20 percent more than last year’s reductions, and include products in food, toys, and apparel.

• Wal-Mart released a report yesterday saying that an independent study revealed that “Wal-Mart saved the average family $652 over the busy October through December shopping months … in 2006, Wal-Mart saved families $287 billion, or $2,500 on average per household. Some families saved even more, depending on where they live.”
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