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Wal-Mart to relocate units

From Times Wire Services

Wal-Mart Stores Inc. will move design and development of its apparel to New York in an attempt to revive declining clothing sales and cut production time.

Wal-Mart will close the product-development and sourcing divisions for men’s, women’s and children’s clothing at its headquarters in Bentonville, Ark., a spokeswoman said.


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