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TJX to close A.J. Wright banner, cut 4,400 jobs
Framingham, Mass. -- TJX Cos. said Friday it will close its A.J. Wright discount stores by mid-February, cutting 4,400 jobs. The move comes as the company’s T.J. Maxx and Marshalls chains have become better at attracting the lower-income customers that A.J. Wright targeted.
Ninety-one A.J. Wright stores will be converted into T.J. Maxx, Marshalls or HomeGoods stores, and 71 stores and two DC’s will close entirely. About 3,400 employees will keep their jobs and another 4,400 – half part-time and half full-time – will be cut.
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Qdoba to open two new restaurants in Pennsylvania
Philadelphia -- Michael Salove Co., an X Team partner based in Center City Philadelphia, announced that it has completed two lease transactions in the Greater Philadelphia market with Qdoba Mexican Grill.
Qdoba will open a 2,600-sq.-ft. unit in Providence Town Center in Collegeville, Pa. and will open a 2,300-sq.-ft. unit in Wynnewood Square in Wynnewood, Pa.