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America’s Car-Mart consolidates 5 stores, lays off 10% of workforce

30-day-plus delinquencies dropped 62 basis points in Q2

Amid a $22.5 million net loss in its fiscal second quarter ending Oct. 31, buy here, pay here dealer America’s Car-Mart is executing a cost-cutting plan. The Rogers, Ark.-based retailer consolidated five stores and laid off 10% of its staff in November, Chief Executive and President Douglas Campbell said during today’s earnings call. The layoffs […]

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