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Closing glance: Broadline retailers close higher

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April 25, 2008

NEW YORK—Shares of broadline retailers closed higher on Friday, following news that stimulus checks would go out earlier than expected.

Tax rebates will start going out Monday, instead of in May, as originally planned. Retailers ranging from Sears Holdings Co. to RadioShack Corp. are offering bonuses to consumers who use their checks at the stores.

Here is a look at how broadline retailers fared on Friday:

Wal-Mart Stores Inc., up 20 cents to $57.65

Target Corp., up $1.08 to $53.98

Costco Wholesales Corp., up $1.32 to $71.54

BJ Wholesale Club Inc., up $1.12 to $39.18

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