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Retailers Bank on Exclusive Lines

New York - (WWD) - The search for a moderate-price bright spot has found a ray of light: exclusive brands appear to be withstanding the test of the economy.

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Despite surge, retail worsens

New York - (New York Post) - Retailers posted bettern-than-expected February sales, but business will soon get bumpier, according to some industry experts. 

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Stores need to excite, execute, entertain

New York, NY - (CNNMoney.com) - Merchants are desperate to lift sales. Consumers are wary to spend money. So how can struggling sellers still get shoppers in the store?

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Macy's to cut 7,000 jobs

Los Angeles, CA - (Los Angeles Times) - Department store giant Macy's Inc. said Monday that it would cut 7,000 jobs, or 4% of its workforce, as it expected sales to remain sluggish through 2009. No store closings were announced.

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Another retailer declares bankruptcy

New York, NY - (Crain's New York Business.com) - The winter has turned colder for upscale coat seller Searle. The retailer's parent companies, Tom Jones Inc. and Searle Blatt & Co., filed for Chapter 11 bankruptcy protection earlier this week.

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More Bad News for Retailers, but Maybe Some Deals

New York, NY - (New York Times DealBook) - Retailers in the United States have had a tough 2008 as consumer spending came to a screeching halt. But 2009 isn't looking any better. In fact, most retail experts and economists predict that it will probably be worse.

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Back-Office Layoffs Likely in New Year

New York, NY - (WWD) - Layoffs could be looming in seventh avenue back offices.

Many back-office jobs might be casualties of consolidation. Job consolidation often drives healthy M&A activity and is essential in distressed situations.

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