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Amid missteps, US retailers eye more assortment cuts

from Reuters

U.S. retailers strive for the perfect mix of products that will boost sales and keep costs down — but the experience of some, including Wal-Mart Stores Inc., in pruning merchandise shows that getting the recipe just right, can be tricky business. More than 40 percent of retailers reduced the number of different items, or SKUs, on their shelves in 2009 and nearly the same number expect to make additional cuts, according to a survey released by the Nielsen Co. more

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