U.S. retailers that lowered prices as much as 70 percent on the day after Thanksgiving may see sales eroded by steeper price cuts in what may be the worst holiday shopping season in six years.
Bargains such as Best Buy Co.'s Toshiba Corp. satellite laptop computer for $379.99, a $270 discount, and Gap Inc.'s buy-one-get-one free holiday sweater offer may leave retailers with slowing sales even as they entice more people to visit stores during the holidays.
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