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Delia's, the teen fashion retailer, to close 92 stores

Delia's, the struggling US teen fashion retailer, is to close 92 of its shopping mall stores after it failed to find a buyer. The 21 year-old company, filed for bankruptcy protection with assets of 47 million dollars and debts of 50.5 million dollars. Gordon Brothers Retail Partners and Hilco Merchant Resources will pay Delia's 91 percent of the...

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