Wal-Mart's U.S. division, told investors in October that credit card payments as a percentage of total payments fell 7.4 percent so far in the current fiscal year, which ends in January. That's a big reversal from the robust double-digit growth rates in credit cards over the past three years. Also, Target executives told investors in October that it's seeing lower credit card usage among its shoppers for the first time since 2001-2003.
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