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Feb 21, 2013

Wal-Mart U.S. shoppers feel gas pains, tax-return delay

CHICAGO/BOCA RATON, Florida (Reuters) – Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research) said on Thursday that U.S. sales weakness persisted into early February, as Americans absorbed the impact of higher payroll taxes and gasoline prices, along with slow tax refunds that put some spending on hold.

The weakness came even as the world’s largest retailer reported a bigger-than-expected profit increase, which was helped by a lower-than-anticipated tax rate. Wal-Mart also raised its dividend payout.

Feb 21, 2013

Payroll taxes, gas prices take bite out of Wal-Mart’s U.S. Sales

CHICAGO/BOCA RATON, Florida (Reuters) – Wal-Mart Stores Inc said on Thursday that U.S. sales weakness persisted into early February, as Americans absorbed the impact of higher payroll taxes and gasoline prices, along with slow tax refunds that put some spending on hold.

The weakness came even as the world’s largest retailer reported a bigger-than-expected profit increase, which was helped by a lower-than-anticipated tax rate. Wal-Mart also raised its dividend payout.

Jan 14, 2013

CVS stops putting Tylenol in some stores to end supply holes

Jan 14 (Reuters) – If you cannot find Tylenol pain reliever
at your local CVS store this flu season, it might be because
that store is no longer stocking it.

CVS this month changed how it stocks Tylenol at its stores
in the wake of manufacturing problems at the drug’s maker,
Johnson & Johnson, that have disrupted supplies for more
than three years.