Consumer spending is 70% of GDP and retail is hurting big

“Ann Taylor closing 117 stores nationwide. Eddie Bauer to close more stores after closing 27 stores in the first quarter.

Cache, a women’s retailer is closing 20 to 23 stores this year. Lane Bryant, Fashion Bug, Catherines closing 150 stores nationwide. Talbots, J. Jill closing stores. Talbots will close all 78 of its kids and men's stores plus another 22 underperforming stores. The 22 stores will be a mix of Talbots women's and J. Jill. Gap Inc. closing 85 stores.

Foot Locker to close 140 stores. Wickes Furniture is going out of business and closing all of its stores. The 37-year-old retailer that targets middle-income customers, filed for bankruptcy protection last month. Levitz - the furniture retailer, announced it was going out of business and closing all 76 of its stores in December. The retailer dates back to 1910. Zales, Piercing Pagoda plans to close 82 stores by July 31 followed by closing another 23 underperforming stores. Disney Store owner has the right to close 98 stores. CompUSA (CLOSED). Macy's - 9 stores closed. Movie Gallery – video rental company plans to close 400 of 3,500 Movie Gallery and Hollywood Video stores in addition to the 520 locations the video rental chain closed last fall as part of bankruptcy. Pacific Sunwear - 153 Demo stores closing. Pep Boys - 33 stores of auto parts supplier closing. Sprint Nextel - 125 retail locations to close with 4,000 employees following 5,000 layoffs last year. Ethan Allen Interiors: plans to close 12 of 300 stores to cut costs. Wilsons the Leather Experts – closing 158 stores. Bombay Company:

to close all 384 U.S.-based Bombay Company stores. KB Toys closing 356 stores around the United States as part of its bankruptcy reorganization.”

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.


WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.