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Mall-Based Tilly’s Sees Sales Slide 40 Percent in Q1

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California-based Tilly’s reported a net sales loss of more than 40 percent in Q1 after closing its entire store fleet in March. In a Nutshell: All of the specialty retailer’s 239 stores were out of commission during the Easter holiday and spring breaks, one of the retailer’s peak periods, said Tilly’s, which sells casual apparel,…

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