Karl Denninger submits: Hmm...
Sales by U.S. stores open at least a year fell 1.6 percent in the three months ended Jan. 31, the Bentonville, Arkansas- based company said today in a statement. Wal-Mart (WMT) had projected sales to decline no more than 1 percent. The retailer reduced prices on laptop computers, along with turkeys and cranberry sauce for holiday meals, as job losses crimped demand.
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