Prepare for Mass Retail Closings – 220,000 May Close This Year!
- Aaron Task of tech ticker interviews Howard Davidowitz on the retail situation in America :
About 220,000 stores may close this year in America, says our guest, 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.
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