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Maxine Clark, the founder of Build-A-Bear and former President of Payless ShoeSource among many other things, told me recently, “This may be the best time for retail in 25 years.” She is not alone in her judgment. Every expert I spoke with agreed and I found none who disagreed.

Steve Sadove, former CEO of Saks, former CEO of Clairol, former senior executive at Kraft General Foods KHC and Director of Colgate went further. “We are entering a retail renaissance with an extended period of accelerated growth,” he said.

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