Marketplace Morning Report for Friday, June 21, 2013
Today is the first day of summer and that gets some retailers nervous. Shoppers are scarce in the season, so stores are rolling out the sales. In Los Angeles, the grocery store Ralphs is expected to close its doors forever. The store, which is in a low-income neighborhood, has some residents criticizing a disturbing pattern. And how will China's credit crunch be felt abroad?
Today is the first day of summer and that gets some retailers nervous. Shoppers are scarce in the season, so stores are rolling out the sales. In Los Angeles, the grocery store Ralphs is expected to close its doors forever. The store, which is in a low-income neighborhood, has some residents criticizing a disturbing pattern. And how will China’s credit crunch be felt abroad?