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  1. 04-18-2008, 10:01 PM #1
    AirborneSapper7
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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€
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  2. 04-18-2008, 10:06 PM #2
    miguelina
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    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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