Sunday, November 15, 2009

Nordstrom clique shopping, Wal-Mart folks scrimping

Luxury chains like Nordstrom Inc. and Bloomingdale's say shoppers are spending again on items like shoes and dresses, but still shopping for lower prices and classic pieces that get a lot of use.

On the other hand, discounters like Wal-Mart are lowering prices even further to coax their less-well-off shoppers to keep spending. And it's not on anything glamorous. We're talking basics, like food and socks.

Wal-Mart has noted more pronounced swings in spending between paycheck cycles -- a sign that its customers have little extra to spend.

Click on the following for the full story:  Nordstrom clique shopping, Wal-Mart folks scrimping :: The Courier News :: Business

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