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NEW YORK Retailers and suppliers are preparing for a tough holiday season, according to a new report. The study, “U.S. Small and Middle Market Outlook 2009: Retailers and Suppliers Take Stock of Economic Downturn,” found that 67 percent of retailers planned to stock less inventory than in 2008. Nearly half (48 percent) said they should have carried less inventory during the first half of 2008.
The research draws on responses from two surveys, the first of 110 retail executives and the second of 104 executives at retail supply companies.
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