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Why middle-tier retailers are suffering as high and low-price stores thrive

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Why middle-tier retailers are suffering as high and low-price stores thrive – CBS News


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The once-popular clothing store Express filed for bankruptcy along with the arts and crafts retailer JOANN. They’re just the latest middle-tier retailers to suffer as demand for high-end and budget stores grows. Jordyn Holman, business and retail reporter for the New York Times, joined CBS News to discuss the trend.

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