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Chico’s Weighs Buyout While Trying to Move Beyond the Mall

Malaise in the shopping mall is certainly no secret, with thousands of stores shutting and some familiar names disappearing. Struggling women’s apparel merchant Chico’s FAS Inc. now has a potential lifeline—which it may throw back. The retailer said Friday it would review an unsolicited buyout bid from Sycamore Partners, the owner of office supply giant…

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