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Dots Files Ch. 11, 36 Stores To Go Dark; and other Closure & Downsizing Opportunities

Also Latest Corporate Downsizings in NY, PA, MI and IL
January 24, 2014
Dots LLC, a 400-store clothing chain for young women, filed for Chapter 11 bankruptcy protection this week and has requested court approval to cancel leases on an initial 36 of its stores.

According to new CEO Lisa Rhodes, the retailer's previous management team instituted a number of merchandising strategies and operational tactics that resulted in a downturn in store traffic and overall financial performance beginning in the fourth quarter of 2011.


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Dots’ financial difficulties have been exacerbated by a number of largely unsuccessful changes in product pricing and marketing, as well as a burdensome lease portfolio, the CEO said in a court filing.

The company hopes the Chapter 11 process will enable it to downsize through lease rejections and emerge from bankruptcy in a stronger financial condition.

Requested Lease Cancellations


Store Location, City, State, Landlord
* Countryside Centre, Clearwater, FL, Weingarten Realty Investors
* Clermont Landing, Clermont, FL, Weingarten I-4 Clermont
* Volusia Square, Daytona Beach, FL, Cole MT Daytona Beach FL LLC
* Pinewood Square, Lake Worth, FL, Pinewood Palm Beach Retail
* Deerfield Place, Milton, GA, Sembler Alpharetta I LLC
* Westview Center, Hanover Park, IL, Brixmor SPE 3 LLC c/o Brixmor
* Westridge Court, Naperville, IL, Centro NP Holdings 6 SPE LLC
* Four Flaggs S/C 8321 W Golf Road, Niles, IL, Inland Four Flaggs LLC
* Pointe Plaza 5762 W. Touhy Ave., Niles, IL, TDC Ocean Pointe LLC
* Villa Oak, Villa Park, IL, Villa Oaks LLC
* Florence Square, Florence, KY, New Plan Property Holding
* Swansea S/C II, Swansea, MA, R.K. Swansea LLC
* Worcester Crossing, Worcester, MA, Madison Worcester Holdings
* Centerpointe Mall, Grand Rapids, MI, Centerpoint Development
* Novi Town Center, Novi, MI, Novi Town Center Investors LLC
* Heritage Place, Creve Coeur, MO, Ramco-Gershenson Properties
* Cherry Hill Walmart, Cherry Hill, NJ, Cherry Hill VF L.L.C.
* North Bergen, North Bergen, NJ, Vornado North Bergen Tonnelle
* Bay Plaza, Bronx, NY, Bay Plaza Community Center
* Falcaro's Plaza, Lawrence, NY, Brixmor SPE 2 LLC
* Nassau Mall, Levittown, NY, Nassau Mall Plaza Associates
* Northshore Commons, New Hyde Park, NY, New Lake Hill LLC
* Northpointe Plaza, Lewis Center, OH, Tuller Square Northpointe LLC
* Macedonia Commons, Macedonia, OH, DOTRS LLC
* Voice of America, West Chester, OH, VOA Development Company LLC
* University Town Center, Norman, OK, Inland Diversified Real Estate
* Rockwell Plaza 8533 N. Rockwell Ave., Oklahoma City, OK, Inland American Retail Mgmt.
* Memorial Square 13726 N. Pennsylvania Ave., Oklahoma City, OK, Inland Continental Property
* Levittown Town Center, Levittown, PA, Levittown LP
* Mktplace @ Carriage Crossing, Collierville, TN, Carriage Crossing Market
* Ridgeway Trace S/C, Memphis, TN, WRI Ridgeway LLC
* Shops @ Hulen, Ft. Worth, TX, Coleman & Logan P.C.
* Rockwall Crossing, Rockwall, TX, Rockwall Crossing Ltd.
* Bandera Pointe North 11643 Bandera Road, San Antonio, TX, DDR DB SA Ventures LP
* Terrell Plaza 1231 Austin Highway, San Antonio, TX, DDR DB Terrell LP
* Westchester Commons, Midlothian, VA, Zaremba Metropolitan

Facility Closures & Downsizings


Bayer HealthCare LLC will combine and transfer operations from three locations in the St. Joseph, MO, area to one beginning this year. Bayer acquired the St. Joseph facilities in January 2013 following its acquisition of the U.S.-based animal health business of Teva Pharmaceutical Industries. In addition, Bayer will be transferring its regulatory and development activity to its U.S. headquarters based in Shawnee, KS, by early 2015. The company will invest an estimated $10 million dollars between its Kansas and Missouri sites located in the greater Kansas City region, which is part of the Animal Health Corridor.

CCA Industries Inc. plans to restructure the company's operations, and will outsource to The Emerson Group certain sales and administrative functions. In addition, warehousing and shipping will be outsourced to and managed by OHL. The company's inventory will be moved to an OHL-managed facility in Indianapolis, from CCA’s facility in East Rutherford, NJ. The action could potentially save the company more than $3.5 million in overhead expenses in the first 12 months.


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CompanyAddressCityStateClosure or LayoffNo. of LayoffsImpact Date

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IFCO Inc.400 W. Crossroads ParkwayBolingbrookILLayoff852/10/2014

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Sterling Infosystems Inc.8430 W. Bryn Mawr Ave., Suite 1100ChicagoILLayoff722/21/2014

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HomeDirect, Inc.330 S. Mannheim RoadHillsideILLayoff821/20/2014

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Group O325 S. Route 31; 888 S. Edgelawn DriveMontgomery; AuroraILLayoff1432/4/2014

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Philips Consumer Lifestyle440 Medinah RoadRoselleILClosure1025/1/2014

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Teleperformance USA3354 Washtenaw Ave,Ann ArborMIClosure4303/17/2014

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Technicolor Videocassette of Michigan Inc.36121 Schoolcraft Road; 36501 Vaan Born RoadLivonia; RomulusMILayoff2003/13/2014

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TRW Integrated Chassis Systems LLC2328 E. GeneseeSaginawMIClosure6002/20/2014

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First National Bank7031 Orchard Lake RoadWest BloomfieldMIClosure182/27/2014

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Interfaith Medical Center1545 Atlantic Ave.BrooklynNYClosure1,405Undetermined

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Bridge Leather Inc.1415 Redfern Ave.Far RockawayNYClosure814/15/2014

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Keywell LLC300 Falconer St.FrewsburgNYLayoff52Immediatley

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Waldbaum's Store #286328 Union Ave.HolbrookNYClosure714/14/2014

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Carlisle Etcetera LLC314-24 Vernon Blvd.Long Island CityNYClosure636/1/2014

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Alcoa Primary Metals at Massena East194 County Route 45MassenaNYClosure3324/17/2014

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Russin Lumber Corp.21 Leonards DriveMontgomeryNYClosure684/18/2014

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TGI Friday's484 8th Ave.New YorkNYClosure734/20/2014

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Barnes & Noble College Booksellers LLC105 Fifth Ave.New YorkNYClosure561/31/2014

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Kaye Scholer LLP425 Park Ave.New YorkNYClosure17/31/2014

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Smithfield Associates LLC-Pastis Restaurant9 Ninth Ave.New YorkNYClosure2001/31/2014

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Advanced Monolythic Ceramics Inc.3101 Constitution Ave.OleanNYClosure651/10/2014

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St Francis Hospital and Health Centers - Main Hospital241 North RoadPoughkeepsieNYClosure1,1414/4/2014

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Macy's Medley Centre Store1 Irondequoit Mall DriveRochesterNYClosure824/22/2014

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Destiny USA - Pyramid Management Group LLC9090 Destiny USA DriveSyracuseNYClosure444/19/2014

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Farmers Group Inc.4700 Vestal Parkway EastVestalNYClosure555/31/2014

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Walgreens Bethlehem Distribution125 N. Commerce WayBethlehemPAClosure4534/30/2014

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ATOS IT Solutions and Services Inc.1028 Morgan HwyClarks SummitPALayoff262/28/2014

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Dubois Logistics LLC851 Beaver DriveDuBoisPAPotential Closure1932/23/2014

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Orograin Bakeries Manufacturing Inc.2400 Northampton St.EastonPAClosure602/14/2014

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Ocwen Financial Corporation1100 Virginia DriveFort WashingtonPALayoff2431/31/2014

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Merck351 N Sumneytown PikeNorth Wales PA 19454-2505PAClosure1522/3/2014

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Horsehead Monaca Facility4955 Steubenville PikePittsburghPAClosure5103/1/2014

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Kampack Inc.100 Main St.TullytownPAClosure70Immediatley



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