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  • store closing

Wet Seal closing all stores

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Saturday, January 28, 2017

Wet seal is shutting down over 170 of its locations after the retailer failed to turn its business around.

In a letter to employees, company officials said they were not able to raise enough funds or find a buyer to stay open.

The chain has 171 stores in 42 states.

CNN contributed to this report.

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