RETAIL AND RESTAURANTS
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Compiled by Greg Johnson, Times staff writer
Co-Founder Resigns: Clothestime Inc. said Monday that co-founder Raymond A. DeAngelo, 43, has resigned as chief executive officer and as vice chairman of the board. DeAngelo was appointed chief executive in 1990 and has been vice chairman since 1982.
Clothestime operates 576 Clothestime stores and eight Lingerie Time stores in 22 states and Puerto Rico.
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