Monday, August 28, 2017

Perfumania is Filing for Bankruptcy, Closing Another 64 Stores

Discount perfume chain, Perfumania, filed for Chapter 11 bankruptcy protection on Saturday, August 26, citing declining mall traffic as the reason for its financial woes. The company plans to close 64 stores as part of its restructuring strategy, which is in addition to the 103 stores it announced were closing in 2015. The final result... 

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