LayoffBlog.com

December 31, 2008

Thousands of stores to disappear in 2009

According to CNN Money: “The ugly sales year that was 2008 will haunt U.S. retailers in 2009, with industry experts warning that disastrous holiday sales will spark a domino effect of store closures and bankruptcy filings.”

As many as 14,000 stores are expected to be closed in 2009. Nevada, California and Florida will be especially hard hit.

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