Saturday, February 9, 2008

Stores post disappointing January sales (AP)



The outside of a Wal-Mart store in Little Rock, Ark. is seen in this Dec. 26, 2007 file photo. Wal-mart and other retailers delivered more evidence of a stumbling economy Thursday, Feb. 7, 2008, as merchants reported their weakest January performance in nearly four decades, extending a malaise that has deepened since the holiday shopping season.  (AP Photo/Mike Wintroath)AP - Here's a sign of how shaky the economy has become: Wal-Mart says its shoppers are redeeming their holiday gift cards for basic items ? pasta sauce, diapers, laundry detergent ? instead of iPods or DVDs.




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