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Strategies & Market Trends : The Bird's Nest

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From: clutterer	2/24/2009 2:06:53 PM
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About 220,000 stores may close this year in America, says retail consultant Howard Davidowitz of Davidowitz & Associates. As more Americans save and spend less, it's clear there's too much retail space. Just visit Web site deadmalls.com and track retail's growing body count. And luxury retailers? They're on "life support," Davidowitz says. Among the brandname stores Davidowitz says are in trouble: Nordstrom Neiman Marcus Tiffany Jeweler Zale Corp. Saks J.C. Penney Sears

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