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Sports Direct chairman, Mike Ashley, interested in BHS stores

2016-06-12 17:21:58| BBC News | Business | UK Edition

The chairman of Sports Direct, Mike Ashley, has written to BHS administrators expressing an interest in taking over a number of stores.

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Bon-Ton Agrees to Sale/Leaseback of 3 Stores

2016-06-06 04:19:00| National Real Estate Investor

Mark Heschmeyer <news@costar.com> Department store chain The Bon-Ton Stores Inc. is looking to raise equity after a rough first quarter through the sale/leaseback of three of its Midwest stores. read more

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120 Austin Reed stores to close with loss of 1,000 jobs

2016-05-31 18:02:00| Daily apparel & textile news and comment - from just-style.com

Weeks of negotiations to try to save collapsed UK retailer Austin Reed Group have led to the sale of its brands - but will see 120 stores close by the end of June with the loss of around 1,000 jobs.

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Austins African Americans being pushed to suburbs away from parks and grocery stores

2016-05-26 13:38:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: A new study of African-American residents leaving Austin for the suburbs shows that communities of color are being displaced not just in coastal cities such as Portland and Washington, D.C. but in Texas too. And in too many cases, this can mean a lower quality of life, with less access to amenities such as supermarkets and green spaces. As Austins tech economy has boomed and the music scene has turned it into a hipster mecca, the citys real estate has grown more expensive. Historically black...

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Gap to close 75 stores amid "disastrous" Q1

2016-05-20 17:07:09| Daily apparel & textile news and comment - from just-style.com

In a bid to save US$275m a year, US speciality clothing retailer Gap Inc has announced it will be closing 75 Old Navy and Banana Republic stores outside North America.

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