By  on December 20, 2007

Wal-Mart Stores Inc. is retailing's Goliath, but this holiday season the company is scrapping like a flyweight for every dollar.

Inventory is lean, fashion has been curtailed in markets that don't respond to it, and given more support in markets that do. The company has strengthened regional assortments, and the overarching message is Christmas — writ large.

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