By  on January 28, 2010

Look closely — there are signs of hope emerging in the beleaguered specialty store world.

After business dried to a drip in the fall of 2008 and continued that way through most of last year, men’s specialty stores experienced a slight rebound in the fourth quarter, providing some hope for the future. Those that managed to survive did so by drastically reducing inventories — some as much as 30 percent — cutting expenses, seeking lower-priced merchandise options to appeal to price-conscious consumers and running more promotions.

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