Retailers to turn up discounts this weekend

Consumers who have put off holiday shopping in the hope that prices will drop may get their reward this weekend, as retailers who held off on deep discounts slash prices as much as 70% heading into the home stretch. Traffic has slowed since Black Friday weekend, according to ShopperTrak, driving merchants from Aeropostale to Saks to launch deeper-than-expected deals.

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San Jose Mercury News (Calif.) (free registration)

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