"Right now we're all a little afraid," he said. "If there'sanyone getting up in the morning and not saying 'uh oh,' then I'dlike some of that medication."
Apparel chain J. Crew has initiated a company-wide hiring freezeDrexler revealed, even during the holiday season, which he saidfalls on a terrible calendar year retail selling-wise. "If someonewants to hire someone, someone's got to leave," Drexler said.
Even the New York City market, which was a holdout compared tothe rest of the country, is suffering after European touristsstopped coming here as the dollar picked up steam compared to theircurrencies. "Traffic is pretty much miserable everywhere," Drexlersaid. "America has been fat and happy for 10 years. No more."
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