Factory 2-U looks to cut costs by shutting 23 units

December 2002
Home Textiles Today;12/16/2002, Vol. 24 Issue 15, p4
Trade Publication
Reports the move of Factory 2-U Stores Inc. to shutdown underperforming home textile stores in San Diego, California. Decision of the company not to renew the expiring leases of some units; Liquidation of inventory in conjunction with the closures; Consolidation of distribution network and corporate overhead.


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