Target says it will match Wal-Mart toy discounts

Target says it will match a round of toy discounts announce by Wal-Mart last week, CNBC reports. The price-matching signals the start of what’s expected to be a season of aggressive price promotions.

The National Retail Federation expects prices in some categories, including electronics, to fall even lower than they were a year ago. One positive difference for retailers: The discounts this year are a result of careful strategy, not a panicked reaction to the economy.

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