Thrifty Parents Swap Online for Kids’ Christmas Presents

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Frugal parents swap online for kids’ toys.

Stephanie Edwards-Musa finished her Christmas shopping early this year. Her 13-year-old daughter is getting a PlayStation 2 and clothing from Hollister and Aeropostale. For her 5-year-old son, it’s a bundle of toys, mostly “Star Wars”-themed. 

The bill? $45.

 

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Discount Stores In Japan See Rising Revenue

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A Seiyu outlet in Akabane, part of Wal-Mart Stores.

Not long ago, many Japanese bought so many $100 melons and $1,000 handbags that this was the only country in the world where luxury products were considered mass market.  Even through the economic stagnation of Japan’s so-called lost decade, which began in the early 1990s, Japanese consumers sustained that reputation. But this recession has done something that earlier declines could not: turned the Japanese into Wal-Mart shoppers.

 

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