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J.Crew Is Reopening 64% of Stores, But Rent-Seeking Landlords Loom Large

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J.Crew Group has announced its biggest slate of store reopenings yet, opening the doors of 171 J.Crew, Madewell and J.Crew Factory locations effective June 12 and bringing the operating total to 315—or 64 percent of the retailer’s fleet. With the reopenings, the apparel retailer has reactivated the majority of its store associates from furlough. Based…

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