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Women's Apparel Retailer Limited Stores Files for Bankruptcy

Submitted by jhartgen@abi.org on

Limited Stores LLC, owner of U.S. women's apparel chain The Limited, said today that it filed for bankruptcy, Reuters reported. Limited Stores also said it agreed to sell its intellectual property and some related assets to an affiliate of private equity firm Sycamore Partners. Limited Stores, which filed for chapter 11 protection in Delaware, said on Friday that it would close all its brick-and-mortar retail locations effective Sunday.