Comment: White Front

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White Front

White Front
Montgomery Ward
Circuit City

Retailers who rely on low prices and high volume, always fail in a recession. The margins just can't handle a drop in volume. It must be a living nightmare for the executives. They get squeezed.

Exceptions might be somewhere like Denney's, if they've paid off the mortgage, because other eateries who have to pay rent, will fail faster.

What do you think?