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February 1, 2012

Bankrupt Avenue Seeks Store Closures

Versa Capital stalking horse in effort to shrink plus-size chain.

By Arnold J. Karr

with contributions from Vicki M. Young

financial/news

The PPR-owned Avenue has run out of road — at least for now.

Armed with a stalking horse bid from Versa Capital Management, the plus-size retailer’s parent, United Retail Group...

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Bankrupt Avenue Seeks Store Closures

Versa Capital stalking horse in effort to shrink plus-size chain.

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