Wet Seal to close 150 stores
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Struggling clothing retailer Wet Seal Inc. said it will close about 150 underperforming stores as part of a major restructuring plan and lay off about 2,000 employees.
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The Blue Bell, Pa.-based company said it will close some of its facilities and reduce its employee head count.
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The closure of thousands of post offices is expected to be announced next week as part of a bid to save money.
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Ailing supermarket chain Kwik Save announces it is to close more than a third of its stores immediately.
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Ten major food stores withdraw nearly 50 salmon products from sale because of contamination fears.
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Whirlpool Corp  said on Thursday  it planned to close two refrigerator plants and cut about 1,250  jobs in a restructuring expected to cost $15 million to $20  million.
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A Tesco store in Port Talbot was one of more than a dozen closed on police advice after a series of threats.
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Cost-cutting drive at Cadbury Schweppes will see closure of 10 factories worldwide.
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Retailer Macy's Inc said on Friday it would close nine underperforming stores in Indiana, Ohio, Louisiana, Oklahoma, Utah and Texas.
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Nearly 150,000 homes were without drinking water Monday after the worst floodwaters in 60 years swamped large areas of western England.
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Whirlpool Corp  said on Thursday it planned to close two refrigerator plants and cut about 1,250 jobs in a restructuring expected to cost $15 million to $20 million, while adding 875 jobs at two other plants.
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Business & money: Troubled supermarket chain will close around 90 of its stores.
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By The Sun Herald, Biloxi, Miss.  Feb. 21--GULFPORT -- Work crews will close 30th Avenue between 22nd Street and Pass Road beginning at 8 a.m. Thursday   The closing will allow for installation of sewage lines across the roadway. It will be closed until 8 p.m. Saturday.
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Business & money: Â· Employees had worked for six weeks without pay  Â·  90 stores to close but 56 may survive
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Apparel retailer Talbots Inc  said on Friday it will exit its Talbots Kids and Mens lines, and close 78 U.S. stores by September.
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By Andy Rosen  FMC Corp. announced Thursday that it will close its Curtis Bay chemical plant over the next 10 months, a move that will eliminate 130 jobs.
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A town in Ohio brought out snowplows and fire hoses Monday to clear the muck away. In New Jersey, the Statehouse was closed after its parking garage was flooded by the Delaware River.