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That is spelling big problems for mall chains like The Limited, which has shut all 250 of its stores, and Wet Seal, which filed for bankruptcy. Department stores like Macy’s and J.C. Penney — anchors for the malls — also are closing stores. Sears Holdings Corp. has said there’s “substantial doubt” about its future, but believes its plan to turn around its business should reduce that risk. The number of “distressed” retailers — those with cash problems and poor credit profiles that are facing strong competition — is at the highest rate

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