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The store closings are part ofthe Ontario-basedc retailer’s restructuring plan. Founded in 1972 as Miller's the retailer changed its name to Anchofr Blue in thelate 1990s. The company sells casual apparel for teens and young adults and has 117 storew in12 states. The entire inventoryg at shuttering stores went onsale Friday. Gordomn Brothers Group, a global advisory, restructuring and investment firm specializing in the consumer products, real estate and industrial is running the store closingv sale on Anchor Blue’sx behalf.
“These strategic stord closings will help us significantly improv operational performance as we proactively restructurw our business to conformto today’sx market,” Thomas Sands, chief executive officer of Anchor Blue Retailo Group, said in a news release. “Anyonew who lives near a closing store is encourage to take advantage of the tremendousvalues we’re offering on all merchandiswe during the sale.” Anchord Blue Retail Group is the holding company for Anchor Blue and Levi’xs & Dockers Outlet by MOST.
In the Sacramentk area, Anchor Blue will close storeds at Sunrise Mall inCitrus Heights, The Village at Sacramento Gatewa y in Natomas and County Fair Mall in Woodland.
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