Retailers Caught in a Wave of Bankruptcies (New York Times)
(excerpt) The consumer spending slump and tightening credit markets are unleashing a widening wave of bankruptcies in American retailing, prompting thousands of store closings that are expected to remake suburban malls and downtown shopping districts across the country.
**Locally, Linens'n'Things is closing in Paducah. Be on the lookout for sales!
Tuesday, April 15, 2008
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