Retailers Fight Recession


	Retailers Fight Recession

Lauren Sherman

4-15-2008 9:55 AM

263 views

Lauren Sherman says:

Whether they're opening stores in Russia or launching fashion-focussed lines, retailers won't succumb to the economic downturn.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/18791a60-1dae-452b-a297-858239a237d7/274A9017-D21E-4533-869C-2D9DC585700A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.wwd.com/issue/article/today/124208?src=rss" href="http://www.wwd.com/issue/article/today/124208?src=rss" style="font-size: 11px;">www.wwd.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wwd.com/issue/article/today/124208?src=rss">When the going gets tough, the tough better get going. <BR><BR>That cliché aptly 
describes today's retail climate, where the news seems to get worse from one day 
to the next. On Monday, the Commerce Department reported that sales at specialty 
stores fell 0.5 percent last month from February and were flat in department 
stores — and the year-over-year comparisons were even worse.<BR><BR>So retailers 
are seeking growth wherever they can find it. On Monday, Wal-Mart Stores Inc. 
said it had appointed a senior executive to explore the Russian market, while 
J.C. Penney revealed plans to launch a new junior line this fall in time for 
back-to-school.<BR></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/274A9017-D21E-4533-869C-2D9DC585700A/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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