Iowa Stores Receive Heavy Volume on Iowa Appliance Rebate Program (SHLD)

3/1/2010-Local Iowa stores prepared for an anticipated rush Monday morning with consumers hoping to cash in on a federal stimulus program that offers to rebate them on select appliances.

Stores like Sears (NASDAQ: SHLD) were expecting heavy volumes of consumers today as the government stimulus, known as the Iowa Appliance Rebate program, went into effect this morning promising rebates of $100 to $500 on various appliances.

Write to Chip Brian at [email protected]

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