Brand Source group meeting in Las Vegas
Economic pressures putting many stores at risk
Staff Staff -- Furniture Today, August 26, 2008
LAS VEGAS - Brand Source, the $11 billion consumer electronics, major appliances and home furnishings buying organization, is holding its summer buy fair this week at the Paris Las Vegas Casino Resort.
During pre-show activities Monday at the adjoining Bally's Las Vegas hotel, held under the banner "Vision, Courage, Perseverance, Success," the group didn't mince words about the economic headwinds dealers face. Some 7,000 retail stores are expected to close this year, executives said, the most in 15 years.
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