If you haven't noticed, the economy is a little rough out there. Of course, you're not supposed to say that it has taken a downturn, right? But, from experience, I can tell you that it has definitely changed.
Some articles for reference:
Gap closing 85 stores, Ann Taylor closing 117 stores and I am SO sad that their production in China is rising in cost. NOT.
Babystyle files for bankruptcy and closes stores.
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