Many more Detroit Pistons retailers are expected to

Many more exhibits detroit pistons retailers are pistons states expected to take similar measuresthis year, after late 2008 presented them with the worstholiday shopping season in decades. "The only thing I want to do with 2008 is celebrate itspassing," Mullin said pistons.com . The NRF CEO said Internet shopping would continue to be thebright spot in retail, though sales growth there will alsoslow Pistons Palace Of Auburn Hills tickets . Mullin said online shopping would grow 7 percent to 12percent in the coming year, down from 20 percent to 30 percentsales increases in recent years nba.com - pistons .

"This is a sector that is proving to be resilient but notimmune from the declining economy," Mullin said detroit news pistons . (Reporting by Karen Jacobs; Editing by Bernard Orr;; +1 404 493-3656; ReutersMessaging:)) Stocks chauncey billups . NEW YORK (Reuters) - U.S rasheed wallace Pistons Palace Of Auburn Hills tickets - wikipedia . retailers lost ground to overseas store chains in terms of total sales in 2007, a trend that is expected to continue with a swift decline in consumer spending habits, according to a new study released on Sunday ben wallace . China  |  EconomyThe report by Deloitte Touche Tohmatsu, which ranked the world's largest retailers according to fiscal 2007 sales, found that several European retailers climbed at the expense of their U.S. peers.The report identifies the 250 largest retailers around the world based on data for their fiscal 2007 years, which includes fiscal years ended through June 2008 Pistons Palace Of Auburn Hills tickets - nba .Wal-Mart Stores Inc (WMT.N) and France's Carrefour SA (CARR.PA) kept their places as the No 1 and No Pistons Palace Of Auburn Hills tickets .

2 retailers, respectively, but Britain's Tesco Plc (TSCO.L) and Germany's Metro AG (MEOG.DE) each climbed a place to become third and fourth, respectively.Home Depot Inc (HD.N), which suffered its first-ever annual sales decline in 2007, dropped two places to fifth Pistons Palace Of Auburn Hills - nba .Other big movers included German discount chain Lidl, which climbed from tenth to seventh place, and rival Aldi, which entered the top ten, replacing Sears Holdings Corp (SHLD.O)."In this economic environment we're seeing a very value-oriented and price sensitive consumer, and that will continue as long as the economy remains in poor shape," said Ira Kalish, director of global economics at Deloitte Research.He discussed the report at a convention in New York hosted by the National Retail Federation.As U.S . consumers struggle with a year-long recession, lost jobs and falling home values, they have cut back spending on all but essential purchases.Major retailers, such as Wal-Mart and Macy's Inc (M.N) have cut their profit outlooks, trimmed staff or shuttered stores tayshaun prince . Some, like Circuit City Stores Inc (CCTYQ.PK), have sought bankruptcy protection and Kalish sees more ahead.INDUSTRY SHAKEOUTAn industry shakeout is a normal consequence of an economic downturn, but Kalish said the current credit crisis will ensure that this time will be different.Strong retailers will have trouble getting loans to finance acquisitions of ailing chains while bankrupt retailers will face difficulty in financing restructurings and are more likely to end up liquidating, Kalish said."So what we're likely to see, particularly in the U.S pistons basketball . but also in Western Europe, will be not only more retail bankruptcies, but also more retail failures," Kalish said . "It will be an unusual shakeout but at the end of the day the survivors will, as always, be in a better position once the economy starts to recover."Kalish said retail sales continue to grow in emerging markets such as Brazil and China even as they drop in the U.S.Those economies could slow temporarily, due to a spillover effect from the global downturn, Kalish said, but a shift in consumer spending growth away from the United States toward emerging markets will continue longer term."We'll see more, or a disproportionate share of retail spending growth globally coming from places like Brazil, China and India, and less coming from the U.S.," Kalish said."That means the U.S.

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