By and  on December 27, 2007

Retailers and direct marketers of all types unleashed huge price cuts Wednesday, from semiannual storewide sales to deep designer discounts of 40 to 70 percent off. As expected, the hordes took the bait.

Shopping malls and stores reported huge crowds Wednesday, buoyed by tourism and those consumers off from work or school, the chance to redeem gift cards for merchandise and the bigger bargains.

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