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H&M’s 30 Store Closures in Spain Seen Cutting 1,100 Jobs

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H&M Group is planning to close 30 Spanish stores in a move that would eliminate roughly 1,100 jobs. The Swedish retail giant’s decision to shutter 27 H&M-branded stores and 3 Cos locations in Spain is part of a global restructuring that will slightly offset 350 planned closures worldwide with 100 new brick-and-mortar outposts through 2022….

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