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Market Impact: 0.12
After 43 Years, Frugal Fannie's Iconic Westwood Store is Closing
Source: PR Newswire
Consumer Demand & RetailM&A & Restructuring
Frugal Fannie's Fashion Warehouse, a longstanding Boston-area discount fashion retailer, is closing after its owners cited retirement, health considerations and the end of the company's lease. A going-out-of-business sale is scheduled to begin Thursday. The closure is a negative development for the local retail business but is unlikely to have broader market impact.
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