A record 7,000 U.S. stores could close this year, a retail analyst predicts, citing cuts in consumer spending and retailers' struggles to borrow money and fend off competition.
Licensing: Copyright 2007 NPR - For Personal Use Only
Credit Problems Squeeze Retailers, Too
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A record 7,000 U.S. stores could close this year, a retail analyst predicts, citing cuts in consumer spending and retailers' struggles to borrow money and fend off competition. Licensing: Copyright 2007 NPR - For Personal Use Only
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