Caution is still the byword in the executive suites. Despite indications of an upswing in the national economy, retailers and wholesalers remain restrained in discussing the regional economies in which they operate and the prospects for recovery during the second half of 1994. While most distributors are experiencing improved local economies, the threat posed by new competitors or overstored conditions has left them anticipating less-than-stellar sales results during the balance of the ...

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