Tag Archives: liquidation

Wet Seal closes stores without notice, screws employees, gives CFO a $95,000 raise

With the holiday shopping season now behind us, the struggling clothing retailer Wet Seal made a move this weekend to quietly close several of their stores. They did so with practically no notice, leaving many of their long-time employees without jobs, and no way to pay their bills. These employees, understandably, are none too pleased. […]

Posted in Corporate Crime, Economics, Mark's Life, Uncategorized | Also tagged , , , , , , , , , , , , , , , , | 44 Comments

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