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PAYLESS SHOESOURCE INC., Topeka, Kan., the shoe seller, said it would exit its 181 Parade shoe stores by the end of its fiscal year in January.
American Eagle Outfitters, the teenage-apparel retailer with more than 1,000 stores in North America, said it would exit its children's apparel business, which had a loss in the last fiscal year.
TXT also declared that it would exit almost all of its commercial finance businesses.
Washington Mutual, one of the country's largest lenders, said yesterday that it would exit the subprime lending business, cut its dividend and eliminate 3,150 jobs.
The company, which recently rejected reports that it would exit the business as it did with its Vaio PC unit, said Sony Mobile saw "a significant decrease in smartphone unit sales resulting from a strategic decision not to pursue scale in order to improve profitability".
HSBC announced last autumn it would exit the money-service sector.
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"If you would exit my locker space," he said, "I would greatly appreciate it".
If approved, the club would exit administration on 12 July.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com