Homebodies fuel boob-tube boomlet

On the shopping list for budget-minded consumers: groceries, gas — and a flat-panel TV? Shelling out hundreds of dollars on a television... By Andrea Chang Los Angeles Times On the shopping list for budget-minded consumers: groceries, gas — and a flat-panel TV? Shelling out hundreds of dollars on a television is hardly wallet-friendly, but LCD and plasma sets have been flying off the shelves all year, with some retailers saying TV sales are better now than they were during the holiday season. Retail experts say the boob-tube boomlet stems, in part, from dramatic price-slashing by retailers that are trying to undercut the competition and need to move merchandise to make room for newer models. The recent transition by broadcast stations to digital signals also brought out droves of shoppers who used the deadline as motivation... [read full story]                    

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