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For the past 25 years, the U.S. Retail sector has benefited from a very favorable business environment, with a strong dollar, cheap energy, and limited trade restrictions stimulating sector growth. Entering 2009, however, things are looking quite different. Retailers are facing a perfect storm of volatile energy prices, unfavorable demographics and a weakening dollar - all of which are being exacerbated by a spreading global recession. The marketplace changes occurring today could dramatically transform the retail industry of tomorrow, particularly in terms of its business model.
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