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

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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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