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Topshop Parent to Close 31 Stores and Shed 700 Jobs

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Administrators in the Arcadia Group bankruptcy plan to close 31 stores, putting 700 people out of a job. U.K. retail stores are temporarily closed as part of the country’s third national coronavirus lockdown. The stores set for closure won’t re-open when the lockdown ends. A BBC report said the closures will include all 21 Outfit…

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