Retail
Feb 16, 2008
Wilsons to close 160 U.S. locations
“We expect the cost reduction initiative will enable us to reduce our working capital needs and strengthen our business, as well as provide capital for our remodel efforts to convert all remaining mall stores into our new 'Studio”
MINNEAPOLIS -- Wilsons The Leather Experts Inc. will close the majority of its 260 mall locations and cut more than 1,000 jobs, the clothing retailer said Friday. via PressConnects.com
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