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I agree with what everyone else is saying. I think the high-end stores and the discount stores have different clientele and having these stores on the same street is not going to cause customers from the high-end stores to go to the discount stores. I think if the high-end stores are saying they're afraid of losing business to the discount stores, it's probably a lame excuse to cover up what they're really thinking. Like RedRoseSAI said, they're probably feeling like there goes the neighborhood now the proletariat have moved in.
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