While still healthy overall, mall centers are being roiled by massive store closings among a variety of formats. Unless the economy dramatically improves, retail bankruptcies this year could reach the highest level since the 1991 recession, Dan Ansell who heads up real estate for the law firm Greenberg Traurig LLP, told the Associated Press. How would you assess the current retail climate compared to 1991? Are retailers more prepared to handle the current downturn than in 1991? Why or why not?

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