Forman Mills: Regional off-price retailer Forman Mills lays off nearly 300, closes stores as it mulls bankruptcy
The 38-year-old company said it is working to sell itself and may have to file for Chapter 11 protection if it can't find a buyer.
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Forman Mills is a New Jersey-based retail chain that owns and operates 44 stores supplying products such as apparel, toys and shoes for men, women and kids.
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