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WWD 10/24/2006

WWD 10/24/2006

Slowing Expansion Plan: Wal-Mart Cuts Openings, Tweaks Fashion Formula

Wal-Mart announced plans Monday to adjust its growth model, scoring a hit with Wall Street. The world's largest retailer will slow the pace of U.S. expansion and spending next year as it seeks to improve returns and jump-start its stock price.

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