Charlotte-based retailer closes 5 stores in 3 months — and a bigger wave is coming
The women’s clothing shop plans to close approximately 60 more stores by the end of the year. A Cato spokesperson was not available for comment Thursday to disclose which stores it had closed or ...
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Cato Suspends Dividend as Sales Slow
Cato suspended its quarterly dividend citing economic conditions, after the company reported a wider loss and falling sales in its latest quarter. The women's fashion retailer has issued a ...