Sifting Through Retail's Wreckage

In a stock market that has been defying gravity, many retailers can't get off the ground. So a number of companies are taking action to shore up their businesses and get their share prices back on track. The Limited is buying back nearly one-quarter of its shares, Toys `R' Us is restructuring, and Dayton Hudson is implementing an aggressive cost-reduction program at its Mervyn's discount-apparel chain.

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