As reported by CA Apparel News.
Retailers are responding to the recession by keeping inventories lean, renegotiating their leases, and using technology to boost efficiency and maintain cash flow. That was the word from New York-based financial-services company CIT Group Inc., which recently held its “5 Minute Capital” podcast featuring senior CIT executives discussing market conditions and middle-market trends. The most recent podcast included Burt Feinberg, group head of CIT Retail Finance, discussing the results of a recent retail survey released by CIT and Forbes Insights. To listen to the podcast, visit www.5minutecapital.com.