Retailers, consumers and prices
Not belt tightening by retail customers (if there are any left), but the latest round of cost cuts by retailers themselves.
Williams-Sonoma is cutting 18 percent of its workforce and also paired back capital spending.
Jones Apparel is cutting its capital spending plans to $45 million in 2009 from the $70 million it spent in 2008.
Brown Shoe: closing stores, cutting jobs.
Children’s Place: relocating its e-commerce business and cutting about 350 jobs.