The cosmetics retailer is also shutting down Canadian ecommerce as it files for bankruptcy
Not yet known if store closings part of cost-cutting plan
Company co-founder hopes furniture maker/retailer can be revived
But malls continue to lose ground to such rivals as single-tenant properties
Though shutting five struggling stores, German grocery chain also continuing to open new American outlets
Specialty retailer shuttering 80-100 additional locales this year
The company expects to save up to $40 million through store closings
Organic grocery locales will become traditional stores.
Organic grocery locales will become traditional stores
Restructuring move will leave it with 72 locales