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Joel N Waller

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BUSINESS
December 17, 2004 | Leslie Earnest, Times Staff Writer
Retailer Wet Seal Inc. said Thursday that it had hired the chairman of a leather goods chain as its chief executive -- the third in two years. Joel N. Waller plans to begin work Feb. 1, a day after he relinquishes his post at Wilsons the Leather Experts Inc. "Joel brings a great deal of experience in the retail industry and has recently successfully achieved a restructuring at Wilsons Leather," Wet Seal Chairman Henry Winterstern said.
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BUSINESS
December 29, 2004 | Leslie Earnest, Times Staff Writer
Wet Seal Inc. said Tuesday that it would close about 150 stores and eliminate some 2,000 jobs. The ailing retailer, based in Foothill Ranch, was "finalizing the details" and not prepared to disclose which of its 463 Wet Seal stores would be shuttered, spokeswoman Helen Rotherham said. The company has hired a liquidator to manage inventory as stores are closed, a process that should be completed by the end of February. There are 58 Wet Seal stores in California.
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