Brace for More of the Same in 2009, Experts Warn
By
Joe Keenan
and Catalog Success
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Panelists Peter Solomon, founder and chairman of the investment banking advisory firm the Peter J. Solomon Co., Mark Zandi, chief economist and co-founder of the financial research firm Moody's Economy.com, and Myron “Mike” Ullman III, chairman/CEO of J.C. Penney, rehashed what a devastating year 2008 was for many merchants and provided their forecasts for 2009 and beyond.
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