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Cato Fashions to close 120 stores amid pressure on shoppers’ spending

Cato Fashions to close 120 stores amid pressure on shoppers’ spending
Photo: FOX 11 Los Angeles (KTTV) · view original

The Cato Corporation, parent company of Cato Fashions, plans to close 120 stores by the end of its fiscal year, citing pressure on consumers’ discretionary spending.

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