homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

December 31, 2008

Retail's post-holiday fallout has started

  • Some experts expect thousands of stores and whole malls will close.
    • By ANNE D'INNOCENZIO
    AP Retail Writer

    NEW YORK — The fallout from the horrific holiday season for retailers has begun, with the operator of an online toy seller filing for bankruptcy protection and more stores expected to do the same — meaning more empty storefronts and fewer brands on store shelves.

    A rash of store closings, which some experts predict will be the most in 35 years, is likely to cut across areas from electronics to apparel, shrinking the industry and leading to fewer niche players and suppliers.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.