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Cole National closings: Cole National Corp. said it will close its 430 department-store gift boutiques, operated mainly in Sears, Roebuck & Co. stores, to concentrate on its eyewear centers and its independent Things Remembered gift chain. Some 500 full-time at 1,500 employees will lose their jobs. The company, which sells eyeglasses and contact lenses under the Sears Optical and Pearle Vision name, said it will take a charge of $12 million to $14 million against 1997 earnings.
