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Mintz & Hoke CEO Chris Knopf last week vowed there will be no layoffs at his 70-person shop in the near term as client Ames Stores winds down operations.
In light of Ames’ 2001 bankruptcy filing and subsequent rounds of store closings, Knopf said he was not surprised that the Rocky Hill, Conn.-based discount merchant an-nounced it will close and liquidate its 330 retail locations. “We made sure our financial situation with them was secure—we’re prepared for this,” he said.
“We’re sad to see the passing of the relationship and great work,” Knopf said.
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