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Retailers Put Brakes on Expansion

As economy lags, big chains open fewer stores

By Zach Samalin, Newser Staff

Posted Dec 7, 2007 2:15 PM CST

(Newser) – America's biggest retailers are beginning to ease up on the construction of new stores, reversing the if-we-build-it-they-will-come trend of recent years, CNNMoney reports. Faced with decreasing sales in a slowing economy, chains such as Wal-Mart, Target, Starbucks, McDonald's, and Walgreen either have cut back on... Read full story »

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Retailers Put Brakes on Expansion

As economy lags, big chains open fewer stores

Target • expansion • profit growth • retail stores • Walmart

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