I live in an area that was hammered by the financial crisis/mortgage meltdown and I'm seeing huge improvements in business openings, people are joining COC's again and there's scuttlebutt about new hospitals, and other large employers moving to or expanding in the area.<quoted text> Yeah that's way there are so many empty store fronts. That's why there are record number of 'Going Out Of Business' signs. The after Christmas closings are just getting ramped up. A lot of big name brands are going to disappear forever.
There will be some "big names" that disappear, there is actually a published list. Avon is on the list as is Mitsubishi Motors America and many more. Tough shyte! BTW Mitsubishi LTD is not broke having just pledged $770 million to a German windfarm company.