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American Apparel files Chapter 11
In a not unanticipated move, American Apparel filed for bankruptcy protection in Delaware on Monday. But the company said its stores will not be affected by the filing, and no store closings or layoffs were announced.
The Los Angeles-based retailer, which has not reported a profit since 2009, has been struggling under the weight of big debts sluggish sales and a protracted — and costly — legal battle with its founder and ousted CEO, the controversial Dov Charney.
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Sam’s Club makes major strategy, personnel moves
Sam’s Club made some expansive personnel and strategy changes focused on merchandising on the same day that Walmart announced job cuts at its home office in Bentonville, Arkansas.
In a memo sent to Sam’s Club employees on Friday, Sam’s Club CEO Rosalind Brewer said the company “has been conducting an in-depth analysis of its business to map out a winning path for the future of Sam’s Club.”
The four key elements to the new strategy include:

