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Garden Botanika

This article was originally published in The Rose Sheet

Executive Summary

Bankruptcy court approves retailer's proposal to extend exclusivity period for filing a reorganization plan to March 1, 2001. Based on a streamlined store base of Garden Botanika's "best performing" U.S. locations, the plan was submitted to the firm's creditors committee Feb. 2 (1"The Rose Sheet" Feb. 7, p. 11). The closings will conclude plans to eliminate approximately one third of Garden Botanika's stores
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