Paul Harris Stores Inc., which bought the assets of the bankrupt J.Peterman Co. for $10 million last week, will close the cataloger’s Lexington, KY headquarters. In addition, three of Peterman’s 13 retail outlets will close. The stores–in Las Vegas, San Francisco, and Woodbury, NY–are considered unprofitable.
While no decision has been made regarding the location of a new headquarters, employees of closing J.Peterman facilities will be allowed to apply for jobs within Paul Harris. The catalog itself will be temporarily housed in Harris’ Indianapolis headquarters.
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