Edwin Lange of SAP Americas, left, listens as Annette Verschuren, president of Home Depot Canada and Home Depot Asia, speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (956 KB)

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Retailers pack the exhibit floor at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (1.3 MB)

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American Express Vice President Christopher Hollins speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (627 KB)

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Nick Badminton, CEO of South Africa's Pick 'n Pay Stores Ltd., speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (679 KB)

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Container Store Chairman and CEO Kip Tindell, left, presents the Gold Medal award to Abercrombie and Fitch CEO Michael Jeffries at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (791 KB)

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Container Store Chairman and CEO Kip Tindell, left, presents the International Retailer of the Year award to Nick Badminton, CEO of South Africa's Pick 'n Pay Stores Ltd. at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (904 KB)

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Container Store Chairman and CEO Kip Tindell speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (653 KB)

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Abercrombie and Fitch CEO Michael Jeffries speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (701 KB)

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National Retail Federation Senior Vice President for Government Relations Steve Pfister speaks at the NRF 98th Annual Convention in New York City January 13, 2009. (571 KB)

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Gordman Group President Robert Gordman speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (676 KB)

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Lululemon Athletica CEO Christine Day speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (744 KB)

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Cavallino Capital LLC Chairman and Founder John Rittenhouse speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (666 KB)

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Moody's Economy.com Chief Economist Mark Zandi speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (697 KB)

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Investment banker Peter J. Solomon speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (693 KB)

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Christopher Donnelly of Accenture speaks at the National Retail Federation 98th Annual Convention in New York City January 13, 2009. (611 KB)

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JCPenney Chairman and CEO Myron E. "Mike" Ullman III, who chairs the National Retail Federation Board of Directors, speaks at the NRF 98th Annual Convention in New York City January 13, 2009. Listening from left are Moody's Economy.com Chief Economist Mark Zandi and investment banker Peter J. Solomon. (682 KB)

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National Retail Federation Chairman Myron E. “Mike” Ullman III (Chairman and CEO, JCPenney) and NRF President and CEO Tracy Mullin ring the closing bell at the New York Stock Exchange January 12, 2009. From left are Macy’s Chairman, President and CEO Terry Lundgren; Modell’s Sporting Goods CEO Mitch Modell; NYSE official; Office Depot North American Retail President Chuck Rubin; Ullman (with gavel); Mullin; Loeb Associates President Walter F. Loeb; Ann Taylor Stores President and CEO Kay Krill; and PetSmart Chairman and CEO Philip L. Francis. (1.5 MB)

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Duncan Angove, senior vice president and general manager of Oracle's Retail Global Business Unit, speaks at the National Retail Federation 98th Annual Convention in New York City January 12, 2009. (577 KB)

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Michael Gates Gill, author of the book "How Starbucks Saved My Life," speaks at the National Retail Federation 98th Annual Convention in New York City January 12, 2009. (584 KB)

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Stacy Janiak of Deloitte speaks at the National Retail Federation 98th Annual Convention in New York City January 12, 2009. (842 KB)

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Carl Steidtmann of Deloitte Research speaks at the National Retail Federation 98th Annual Convention in New York City January 12, 2009. (506 KB)

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Wal-Mart CEO Lee Scott speaks at the National Retail Federation 98th Annual Convention in New York City January 12, 2009. (654 KB)

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National Retail Federation President and CEO Tracy Mullin speaks at the NRF 98th Annual Convention in New York City January 12, 2009. (1012 KB)

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Wal-Mart CEO Lee Scott, left, speaks with National Retail Federation President and CEO Tracy Mullin at the NRF 98th Annual Convention in New York City January 12, 2009. (836 KB)

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Martin Lindstrom, author of the book "Buyology: Truth and Lies About Why We Buy," speaks at the National Retail Federation 98th Annual Convention in New York City January 11, 2009. (622 KB)

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Retailers wait to enter the special events hall at the National Retail Federation 98th Annual Convention in New York City January 11, 2009. (781 KB)

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Fred Balboni of IBM Global Business Services speaks at the National Retail Federation 98th Annual Convention in New York City January 11, 2009. (623 KB)

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National Retail Federation President and CEO Tracy Mullin welcomes retailers at the NRF 98th Annual Convention in New York City January 11, 2009. (898 KB)

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Javelin Group Ltd. CEO Tony Stockil speaks at the National Retail Federation 98th Annual Convention in New York City January 11, 2009. (628 KB)

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Joseph Engalan of Vectorform, left, displays new technology during a concept store tour at the National Retail Federation 98th Annual Convention in New York City January 11, 2009. (998 KB)

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A vendor explains a product to reporters during a concept store tour at the National Retail Federation 98th Annual Convention in New York City January 11, 2009. (1.1 MB)

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A vendor demonstrates the latest technology during a concept store tour at the National Retail Federation 98th Annual Convention in New York City January 11, 2009. (896 KB)

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Tesco.com and Tesco Direct CEO Laura Wade-Gery speaks at the National Retail Federation 98th Annual Convention in New York City January 11, 2009. (708 KB)

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National Retail Federation President and CEO Tracy Mullin. 2007 file photo. (520 KB)

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