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Airtours to close 120 of its retail branches in the uk
Monday, March 12, 2001
Mr Harris, Airtours retail managing director, blamed duplication between `Going Places` and `Travelworld` brands in the same cities as well his `intention to close down unprofitable shops`.
During the same shake up, there a retail board reshuffle, including the replacement of sales, marketing and retail operation directors.
On announcement of the news on Friday, Airtours price fell by 2.36%.
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