We must get real as retailers face structural adjustment TO liven up your weekend reading, let me focus on one of Australia's most internationally respected economists and his pet subject, structural adjustment. No, wait, this is really interesting and vital for the economy's growth and what stocks you might hold. If you need more convincing, let me run the headline used by the CNBC website that warned, "A 'tsunami' of store closings expected to hit retail" in the US. However, it won't be a US tidal wave, this one will dump on the old world of retail.