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04-18-2008, 10:01 PM #1
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Tsunami of Retail Bankruptcies Looms
Tsunami of Retail Bankruptcies Looms
Friday, April 18, 2008 8:31 a.m. EDT
Weak consumer spending and tighter credit markets is creating a widening tsunami of bankruptcies in American retailing.
Not only are mid-size chains shutting down, but larger national businesses are too.
"Companies are contracting and collapsing,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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04-18-2008, 10:06 PM #2
That's actually a good thing, I mean how many furniture chains do we need? How many landscapers and restaurant chains do we need? I prefer shopping AMERICAN mom and pop stores rather than chain stores anyway.
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