Bracing for a retail bust

From the December issue: As retailers nationwide brace themselves for what is expected to be a bloodbath during the holiday shopping season, the damage assessment among New York retail brokers is already under way. This month, in a series of stories, The Real Deal looks at how retailers in the five boroughs are dealing with a period where sales of the canned mystery meat Spam are reportedly skyrocketing, while luxury brands like Porsche and Tiffany are struggling.