By  on February 9, 2009

It’s never been harder to be a stepchild.

In a sequence of store closings, layoffs, huge promotions, inventory reductions and stalled expansion plans, specialty retailers hoping to survive the economic crisis may have to use more than a scalpel to cut costs. With no signs of a letup in the recession and many secondary brands failing to gain traction with consumers, some retailers may be forced to wield an ax and sever their spin-offs, analysts said.

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