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United States Of America : Spiegel Group To Close 21 Outlet Stores

2003-4-25 8:42:00
 Facing bankruptcy The Spiegel Group has decided to close  all of its Spiegel outlet and clearance stores and Newport News outlet stores.

The Illinois-based company, which filed for Chapter 11 last month, said in a news release late Thursday it will close the 21 shops a part of its reorganisation efforts to streamline operations and improve financial performance.

 
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