By  on April 27, 2009

That retail is in the doldrums is anything but breaking news. By now, the industry is all too familiar with the drumbeat of downbeat headlines: Chapter 11 filings, multimillion-dollar losses, job cuts — all while excess inventory continues to grow and markdowns spread.

But at last look, people weren’t wandering the highways and byways of America naked. So someone must be buying something, even if in significantly fewer quantities than before. Surely there’s at least one positive angle out there.

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