Wal-Mart CEO: Spending less has upside

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Wal-Mart CEO: Spending less has upside

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01-12-2009, 02:48 PM

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Wal-Mart CEO: Spending less has upside

Outgoing Wal-Mart CEO Lee Scott said the recession may have caused a "fundamental change" in the incessant shopping habits of Americans - which will hurt retailers but will benefit society as a whole.

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