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Gateway to close retail stores

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On April 2, 2004, 3:30 PM

Gateway announced it will be shutting down retail stores around the US (188 total) and as a consequence will be laying off about 2500 staff that corresponds to some 38 percent of its current workforce.

This change comes only a month after Gateway acquired eMachines and a new CEO took charge, the move is supposed to cut costs within the company... in the other hand, Apple who also maintains a retail store chain is expanding its retail presence and has proved sucessful in such venture.

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