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Friday, November 17, 2017

Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy - Reuters

Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy - Reuters

Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy
Reuters
NEW YORK (Reuters) - U.S. sneaker seller Shiekh Shoes LLC is searching for financing to avoid bankruptcy, its owner Shiekh Ellahi said on Friday, as increasing online competition has caused major upheaval for brick-and-mortar retail chains. “We are ...

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