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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.
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