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Bakers Bankruptcy

Tuesday, November 13, 2012

Bakers Shoes in Chesterfield Mall Closing as Company Downsizes

After filing for bankruptcy last month, the footwear chain is looking to drop 150 stores and become a smaller, more profitable company.

Bakers' Shoes in Chesterfield Mall will be one of 150 stores the footwear chain will close nationwide as the company undergoes a dramatic restructure.  Bakers previously underwent a downsizing in 1999, dropping from 600 stores nationwide to 200 and began on Friday liquidation sales that will close 150 of its 213 remaining stores, according to the St. Louis Post-Dispatch. The company filed for bankruptcy last month.  "We we were bummed," said Jessie Davidson, a manager at the Chesterfield Mall Location, when she found out that her store was scheduled to be shuttered. "None of us want to lose our jobs and we love working here." Davidson said a final closing date has not been set yet, but will probably be based on when they run out of …

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