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Chico’s layoffs signal more trouble in the apparel sectorat least in stores

Women’s fashion merchant Chico’s FAS Inc. announced another round of layoffs this week—200 so-called corporate and field leadership positions—amid declining sales in stores and companywide. Chico’s, No. 85 in the 2016 Internet Retailer Top 500 Guide, does not break out e-commerce in its quarterly earnings reports. Chief financial officer Todd Vogensen told analysts on the […]

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