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US: Wolverine Worldwide to close 140 stores and cuts outlook

2014-07-16 10:58:35| Daily apparel & textile news and comment - from just-style.com

US clothing and footwear business Wolverine Worldwide has revealed plans to close around 140 stores as part of a strategic realignment plan designed to improve its bottom line.

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Coach plans to close 70 stores in fiscal 2015

2014-06-19 23:01:51| Apparel - Topix.net

The New York-based luxury handbag maker is planning to close about 70 underperforming stores in fiscal 2015 as it tries to make its business more competitive with fast-growing rivals.

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US: Express to close 50 stores and cut $18m in costs

2014-05-30 16:51:00| Daily apparel & textile news and comment - from just-style.com

US apparel retailer Express Inc has outlined a cost-reduction plan that will see it save US$18m a year, after reporting an 84.3% drop in first-quarter profit.

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Kmart stores to close in Mid-Michigan

2014-05-15 12:16:59| Grocery - Topix.net

A nationwide retailer has been struggling to keep its doors open for years and now its lack of sales is impacting Mid-Michigan.

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Sony to close majority of U.S. stores, including Stanford location

2014-02-27 12:59:16| Electronics - Topix.net

Sony plans to close about two-thirds of its U.S. Sony Stores as part of a wide-ranging company restructuring it announced earlier this month.

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