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Cash Makes a Comeback

But cash isn't king for retailers, who'll likely see bigger drop in sales

By Peter Fearon,  Newser Staff

Posted Nov 24, 2008 2:15 AM CST

(Newser) – Americans are reverting to cash for purchases in increasing numbers, according to top retailers Wal-Mart, Target and JC Penney. The shift away from credit is expected to further reduce spending by consumers—who will be limited to cash-on-hand purchases—not just during the holiday season,...   Read full story »

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