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Struggling US retailer Payless ShoeSource is headed for bankruptcy, reports Bloomberg. Payless, which has not commented on the report, operates some 4000 stores globally and under the reported Chapter 11 protection likely to be sought next week, will…
Women’s fashion retailer BCBG Max Azria plans to close some of its stores to focus more on eCommerce, licensing and wholesaling. “BCBG has been negatively impacted by the growth in online sales and shifts in customer shopping patterns, and as a result has too…
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