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Whoa. The retail industry has had a lot of shakeups last week.News of store closures continued. We heard of closing Charming Shoppes stores, Fred’s shutting 75 units and Movie Gallery exiting another 400 locations on top of the 520 it was already planning on leaving. None of these come as big surprises, but that doesn’t mean they were welcome.Macy’s Inc. didn’t have any major store-closing announcements to share with the industry, but it is eliminating about 2,300 jobs as the retailer consolidates its regional operations. This news came as the company’s January sales plunged 28.4%.And to top it all off…According to the International Council of Shopping Centers’ monthly same-store sales report, last month was the worst January on record since the trade association started collecting data in 1969. That was the year we first landed on the moon, by the way. Many retailers with recent sales struggles continued to have problems, but the month marked declines by both Nordstrom and Target.Needless to say, these events are doing nothing to slow down recession fears. But is there anything that can happen to launch a short-term rebound?

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