Dillard
Dillard’s will close its store at the Palm Beach Mall. The retailer said on Friday it will be laying off 109 employees by Oct. 31.
It’s one of 14 locations nationwide that Dillard’s (NYSE: DDS) plans to close. The Little Rock, Ark.-based company operates in 29 states.
Dillard’s also said Friday it will close its travel agency business as part of the company’s strategy of reducing its underperforming units.
Dillard’s is working to relocate the 160 associates who work in the agencies, which are in 43 of the company’s 318 stores paydayloan. The agencies are no longer booking new travel arrangements, but will honor pending travel bookings.