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New York & Co. Parent Files for Bankruptcy, 378 Stores Up for Closure

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New York & Co.’s parent company has filed for bankruptcy weeks after first sounding the alarm over financial troubles. RTW Retailwinds Inc., which filed a voluntary Chapter 11 petition in a Newark, N.J., bankruptcy court Monday, has reopened about 92 percent of its stores, though the fashion chain is looking at closing 378 locations. “The…

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