Some Hope for Retail Execs
By Parija B. Kavilanz, CNNMoney.com senior writer
NEW YORK -- The recession has already claimed hundreds of thousands of store jobs in the past 12 months. Now it's slicing into the ranks of retailing's other talent pool -- white-collar professionals.
These are store managers, district managers, all the way up the corporate ladder to vice presidents and higher from now-defunct chains such as Linens 'N Things, Circuit City and Fortunoff.
But one company's loss is another business' treasure.