Michael Kors shuttering 100-125 Stores

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FROM CLARK.COM (The Website for consumer advocate Clark Howard)

Michael Kors is closing between 100 and 125 of its retail stores over the next two years.

According to a May 31 news release, the company is making the move to improve the profitability of its store fleet. Revenue was down in the most recent quarter.

The clothing and handbag retailer didn’t reveal a list of the stores on the chopping block