There is a 3:35 video at http://www.kyivpost.com/nation/35776 that forewarns of collapse in the retail sector. It is introduced as follows.
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Posted Feb 19, 2009 11:58am EST

About 220,000 stores may close this year in America, says our guest, retail consultant Howard Davidowitz of Davidowitz & Associates. As more Americans save and spend less, it's clear there's too much retail space. Just visit Web site deadmalls.com and track retail's growing body count. And luxury retailers? They're on "life support," Davidowitz says.

Among the brandname stores Davidowitz says are in trouble:

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Nordstrom
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Neiman Marcus
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Tiffany
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Jeweler Zale Corp.
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Saks
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J.C. Penney
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Sears