Retail is in the middle of the perfect storm. Technology, global sourcing and global brands have all conspired to drive prices and margins down for an extended period of time. 

There looks to be no respite from these forces as they persist in denigrating retail to an undifferentiated, lowest common denominator. Left alone, this trend will continue to consolidate dominance in a small number of surviving power players amidst a sea of economic destruction.

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