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Feb. 19, 2003
Music Retailer Wherehouse Plans to Shutter 120 Stores
By Toni Vranjes Illegal downloading of songs and intense competition from discount retailers haven't been music to the ears of Wherehouse Entertainment Inc.
The combination has led to a steep sales decline for the Torrance-based music and movie retailer, prompting it to file a Chapter 11 bankruptcy petition last month in the District of Delaware. The lead attorney for Wherehouse is Los Angeles partner Ben Logan o...
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