Talbots to exit Kids, Mens units, close 78 stores
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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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Saks Inc. announced plans to shut seven Saks Fifth Avenue stores, including one in Garden City, LI, and three Off 5th discount stores.
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Wal-Mart Stores Inc  is set to shake up its sluggish apparel unit by shutting two divisions at its Arkansas headquarters, eliminating dozens of positions and moving dozens more to New York, the New York Times reported on Wednesday.
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Saks Fifth Avenue Enterprises is closing an 84,000-square foot Saks Fifth Avenue store in the Minneapolis, Minn. Nicollet Mall in January.
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NEW YORK - Retailer Saks Inc. Friday said it will close its Saks Fifth Avenue upscale department stores in La Jolla and seven other locations and three of its lower-price Off 5th stores, affecting 700 jobs.
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Circuit City Stores Inc.  said on Thursday that it would close a number of stores, cut some jobs and change its management structure as it faces increased pressure in the electronics retail market.
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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 retailer said it will reduce the number of new supercenters to be opened this year by nearly 30 percent, or roughly 75 stores.
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Photographic retailer Jessops says it plans to close 81 of its High Street stores and cut 550 jobs.
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THE REGION CompUSA Inc. says it will close six of its seven stores in Massachusetts by May 31 as part of a restructuring plan that calls for shuttering more than half its stores, spokeswoman Jessica Nunez said. Chief executive Roman Ross cited "changing conditions in the consumer retail electronics market." In Massachusetts, the chain plans to close stores in Framingham, ...
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Macyâs Inc., the owner of its namesake chain and Bloomingdaleâs, said Friday that it would close stores deemed to have inadequate sales and eliminate 899 jobs.
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Circuit City Stores Inc. , the nation's number two consumer electronics retailer, said yesterday it plans to close seven domestic superstores, a Kentucky distribution center, and 62 company-owned stores in Canada to cut costs and improve its financial performance.
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Frank's Nursery &amp; Crafts Inc., having filed for bankruptcy twice in three years and failing to lure enough customers back from bigger retailers like Wal-Mart and Home Depot, is going out of business.
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The companyâs chief executive, Howard Schultz, announced that he would close 100 underperforming stores in the United States, though he did not identify the locations.
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Circuit City said it was closing about 70 stores, most of them in Canada, and that its chief merchandising officer had left the company.
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Pittsfield, Mass.-based toy retailer KB Toys Inc., announced today it will close 141 to 238 under-performing stores by Jan. 31, 2005.
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Home improvement retailer Home Depot Inc  said on Thursday that it plans to close 11 Landscape Supply concept stores later this year, affecting 380 workers.