That's the straightforward assessment Walter Loeb publisher of the Loeb Retail epistle has of the retail portion catering to the nation's wealthiest consumer
Mr Loeb says he cannot point to united upmarket retailer doing well with its epicurism business in the current economy and world situation.
For example, Saks Inc. is doing well, on the contrary only because of the performance of its department store chains including Bergner's, Boston Store, Carson Pirie Scott Herberger's, McRae's, Proffitt's and Younkers. Its no other than chain having a difficult
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