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Store closures and bankruptcies weigh on Li & Fung FY

2019-03-21 12:14:00| Daily apparel & textile news and comment - from just-style.com

Sourcing giant Li & Fung says a rapidly changing retail landscape that saw record levels of store closures and customer bankruptcies took a toll on its last financial year, with core operating profit down by 20%.

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No Relief for Retail Landlords as Store Closures Ramp Up Once Again

2019-03-14 09:29:48| National Real Estate Investor

From the Gap to Family Dollar, retailers are announcing hundreds of store closures, with no end in sight.

Tags: up store once retail

 
 

Houston Malls Take Another Hit with Charlotte Russe Closures

2019-03-08 02:19:00| National Real Estate Investor

Charlotte Russe plans to close all of its 416 locations.

Tags: hit houston charlotte malls

 

Paperchase proposes store closures to cut costs

2019-03-04 19:23:54| BBC News | Business | UK Edition

Stationery retailer Paperchase threatens store closure to cut costs

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JC Penney ups stores closures to 18

2019-03-01 12:28:00| Daily apparel & textile news and comment - from just-style.com

US retail giant JC Penney is to shutter 18 full-line stores this summer as part of its bid to return to profitable growth.

Tags: to stores ups closures

 

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