Yahoo has launched a retail website offering discounted gadgets, clothes and toys.

Apple, Nike, Toys R Us and Gap are among the retailers that have agreed to offer discounted goods on Yahoo Deals, which is currently available only to US residents.

"When we saw the economy slowing over the last few months, we decided to pull together a site designed to help you save money," said Yahoo shopping general manager Greg Hintz in a blog.

See also: 1 million UK children make illicit online purchases

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