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Arcadia to permanently close 31 more stores, cut 714 jobs

Administrators of Arcadia are reportedly set to permanently close 31 of the group’s stores by the end of January, resulting in some 714 redundancies. The closing stores include the entire 21-strong store estate of Arcadia’s Outfit brand, The Times reports. Arcadia called in administrators from Deloitte at the end of November after its sales took...

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