Retail Report: Challenges Ahead in 2009

Executives from several large national retailers converged recently at the ICR Xchange conference in Dana Point, Calif., to discuss the challenges of 2008 and the opportunities of 2009.

Among the bright spots were several California companies—including True Religion, Hot Topic and American Apparel—that see opportunities for growth in the coming year.

Others, including Pacific Sunwear and The Wet Seal, conceded that 2008 was rough and are rolling out plans to turn their prospects around in 2009.

The full story is here.