The Wet Seal Fires Its CEO

July 23, 2012 / 0 Comments

The Wet Seal Inc. today fired its CEO, Susan McGalla. The move comes amid declining sales for the young women’s apparel retailer. The Wet Seal says that sales in stores open for at least a year have declined at least 13% in July compared with the same month last year. The retailer operates 553 stores, and also sells products on wetseal.com and ardenb.com. [Source: Internet Retailer]

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