It's a scarry world out there. Think you're the only one struggling to turn a profit in your stores? This piece has a list of major retailers who have fired their chief executive in the last few months because of weak sales: Wet Seal, Ann Taylor Stores, Parisian Stores, Linens 'n Things, American Eagle Outfitters, Toys R Us, Kmart, Coath, Bath & Body Works, Talbots, Marc Jacobs, Tommy Hilfiger, Donna Karan and J. Crew.
And it's only going to get worse:
And it's only going to get worse:
Tracy Mullin, president and chief executive at the National Retail Federation, blamed the tough economic times, and said that the retail bloodbath might not be over: she said she knew of several more "major" retail shakeouts in the works, which may be announced in the next six months.

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