USA: Nautica To Save $5m A Year From Axed Delivery Centre
Leading manufacturer of casual apparel maker, Nautica Enterprises Inc, expects to save upto $4-$5 million a year through the axing of its Rockland distribution centre in Maine and shifting of its distribution facility to Virginia, it has been revealed. In a filing with the Securities and Exchange Commission, the company said the savings from the switch and axing of 234 jobs will be reflected in distribution costs.
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