
As the government sends out roughly $100 billion in economic stimulus checks to about 130 million American homes, retailers are trying to persuade consumers to spend their windfall at a time of high anxiety about the economy.
Their new marketing pitch? Go on a frugal-minded spending spree.
Sears has started a "stretch your stimulus check" campaign. Supervalu, the grocery chain, is promoting a "watch your refund grow" program, and Kroger is calling its stimulus gift cards "a powerful new financial tool." All three companies offer shoppers a 10 percent bonus if they buy a gift card with their checks.
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