Expert Analyses of the following article:
Record Store Closings
Source: online.wsj.com
July 21, 2008
2008 Numbers Are Bad; 2009 Will Be Worse
Author: GLG Expert Contributor
Author: GLG Expert Contributor
If you distill the numbers in this latest report, 13% of all retail establishments in this country will close there doors this year. Not too worry though, says the International Council of Shopping Centers, since roughly the same number of stores open each year that close. Perhaps that has been true in past years but I don't expect it to be true this year or next. The impact will be significant...
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