(Bloomberg Businessweek) -- Many midmarket merchants are expected to have a tough 2020. Affluent customers of luxury goods purveyors probably won’t feel the slowing economy’s pinch, while discounters and sellers of low-priced items should benefit as consumers tighten their belts. But conditions aren’t great for many mall-based outfits stuck in the middle.
To contact the author of this story: Dorothy Gambrell in New York at dgambrell1@bloomberg.net
To contact the editor responsible for this story: James Ellis at jellis27@bloomberg.net
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