Destination Maternity files for Ch. 11, plans to close nearly half its stores; Under Armour CEO Kevin Plank to step down; How much does Halloween actually matter?; CVS expands Glamsquad beauty partnership to 50 stores
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With pregnancies in decline and competition increasing, sales at the retailer fell by a third in half a decade. Now it looks to sell itself in bankruptcy.
This year is expected to be the third-highest in terms of sales, but the glow of potential payoff — and the threat of disappointment — haunt some retailers.
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