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1) 40 Stores around 20 Million Each(to break the lease) that is around 1 Billion Unfront Expense
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2) Masters stores cant be leased as it is. Needs refurbishment.
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3) Those inventories will not fetch much..
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In brief Woolworth got more financial pain ahead than gain.
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... ... 1) 40 Stores around 20 Million Each(to break the lease)...
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