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financial

October 7, 2008

Crisis Imperils Retail Plans for Global Growth

S&P Retail Index off 6.2 percent Tuesday.

By Evan Clark

with contributions from Arnold J. Karr, Liza Casabona, Matthew Lynch, Alexandra Steigrad

financial/news

The tightening global credit crisis and economic slowdown exacted a 6.2 percent toll on retail shares Tuesday and may begin to limit retailers’ plans for international expansion.

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S&P Retail Index off 6.2 percent Tuesday.

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