There have been a lot of large-scale closings by chains since the first of the year. We've discussed Mervyns (80+ stores), Office Max (110), and Toys R Us (73). But the champ appears to be Radio Shack, which "will close 400 to 700 stores in the next 18 months" according to Chain Store Age.
They are also closing a couple distribution centers and making some unspecified changes in their merchandise mix: "The company also said it will replace old, slower-moving merchandise with new, faster-moving merchandise within higher growth categories."
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