Large Corporations Have Been Closing Down Their Stores Across The Country

Nine West

Nine West intends to reorganize its indebtedness by selling off portions of the company and filing for Chapter 11 bankruptcy. All of this occurred as a result of the company’s $1.5 billion debt. As a result, the shoe retailer chose to discontinue its Easy Spirit brand and close all 25 stores. The company also intends to focus more on jewelry and clothing companies such as Anne Klein, One Jeanswear Group, and Kasper Grouper.

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