Retail chains in danger in 2009

[4His_glory]

This was an interesting read.

Especially this quote:

Davidowitz doesn't think a huge government stimulus will help. Better to let things bottom out naturally before regrouping. "Obama's plan will make it worse," he says. "We got into this by borrowing and stimulating, now he wants to borrow and stimulate more."

I sure hope Eddie Bauer does not close. I like a lot of there clothes!

 

[tinytim]

GO Wal*mart !!!

 

[hillclimber1]

Our local Wal Mart was busier than a one armed paper hanger today....

 

[Magnetic Poles]

More and more jobs down the tubes.

 

[4His_glory]

More and more jobs down the tubes.

Yes, but our new President´s economic plan is going to just make the situation worse and we will see yet more jobs go down the tubes.

I feel for all those who will be effected.

 

[sag38]

No, the new president is going to pay our mortgage and put gas in our tank. But, I'll have to admit that I'm not holding my breath.