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Judge Clears Shoe Retailer Bakers to Liquidate Its Remaining Stores

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Bakers Footwear Group Inc. won permission to liquidate its 56 remaining shoe stores, a ruling that essentially signifies the death of an 88-year-old chain that saw several attempts to stay in operation, Dow Jones DBR Small Cap reported today. Bankruptcy Judge Charles E. Rendlen III on Wednesday approved Bakers's request to launch a final round of going-out-of-business sales at locations spanning from New Jersey to California.