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Delia*s Closing All Stores, Declaring Bankruptcy

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First Deb, now Delia*s. WWD reports that the chain is closing all of its stores and filing for for Chapter 11 bankruptcy court protection in the "very near term." The teen brand reports that it cannot find a merger partner and sales to liquidate all the merchandise could begin as soon as today. Hopefully, last month's rumors of Delia*s impending doom have given you time to process this sad news and contemplate your youth spent buying foam platform slides.