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Buyer Rescues Bankrupt Aldo UK, Saves Hundreds of Jobs

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

The U.K. operations of footwear retailer Aldo was sold to Bushell Investment Group, a move that will help save hundreds of jobs and maybe even create new ones down the road. The Birmingham-based firm acquired the footwear operation out of administration, the U.K. equivalent of a bankruptcy in the U.S. The Montreal-based Aldo filed its…

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