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Week of Mon, Aug 19th, 2013

Walmart announces free layaway program

Walmart will start off its holiday selling season by offering free layaway with no opening fees, effective September 13 through December 13.

Target trims forecast on sluggish sales

Net income for the second quarter of fiscal 2013 fell 13.2% to $611 million at Target Corp., although adjusted earnings of 97 cents per diluted share exceeded the average estimate among analysts surveyed by Thomson Reuters by a penny.

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