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WWD 01/03/2008

WWD 01/03/2008

The New Year's Blahs: Retail Shares Decline On Downbeat Outlook

On 2008's first day of trading, retail shares fell sharply as oil prices reached $100 a barrel for the first time ever. And after 12 months of steep erosion in the value of retail shares, this year is looking like it will be even more of an uphill battle.

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