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Read this: BBC NEWS | Business | to close 77 stores

Summary: It said 77 shops out of the 177 outlets would shut as their leases expire over the next five years. The closures are part of a major shake-up of DSG, which it hopes will cut costs by 50m in 2008/09. High Street gloom DSG has issued two profit warnings this year amid a challenging trading environment as cash-strapped consumers struggle with higher household bills and mortgage repayments. -

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