Byline: Evan Clark

Given all the turmoil on Wall Street and the subprime mortgage smackdown on the banks, it might just have been a matter of time before retailers started to feel the pinch in their own finances as the money folks tighten up. Talbots Inc., which said Bank of America and HSBC would pull lines of credit, is perhaps only the first to be squeezed. "We were surprised, but there is a lot going on with banks that we are not privy to," said CEO Trudy Sullivan. "I think there is a kind of secular turnoff for the sector in some of the banks ... but there was no kind of singular event that prompted the banks to pull their lines of credit." The women's retailer, which ...

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