Buyers Focusing on Value, Part

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Buyers Focusing on Value, Part II
A couple of months back I mentioned the retail sector was seeing a trend towards value-oriented channels such as Costco and Wal-Mart at the expense of traditional chains. Today's news that Wal-Mart is raising its second-quarter earnings forecast and that its monthly sales growth continues to outpace those of competitors strengthens this theme. Like I mentioned last time, in the online world, this is positive news for EBAY, who arguably caters to more value-oriented buyers than other sites.