Sunday, August 29, 2010

Martin + Osa is shutting

The Martin + Osa store in Raleighs Crabtree Valley Mall will close as a piece of a chainwide shutdown by primogenitor association American Eagle.

The chain, that has twenty-eight stores, sells mens and womens wardrobe directed at a business comparison than American Eagles core teenager customers. The thought never took off with consumers.

According to American Eagle, Martin + Osa lost about $44 million in the companys last mercantile year, that finished in January. Without plain returns, the association motionless not to deposit some-more money.

The association will right away concentration on the alternative stores, that embody multiform spin-off brands such as aerie, that sells insinuate apparel, and the childrens store 77kids. All of the Martin + Osa stores are approaching to close by the summer. Theres no word nonetheless on what will reinstate the store at Crabtree Valley Mall.

Staff bard Sue Stock

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