What Really Happened: Mervyns plans liquidation

The Hayward retailer said Friday that it would close its remaining 149 locations. The stores will remain open through the holiday season with liquidation sales. Mervyns previously planned to close 26 underperforming locations.
The 59-year old chain, with a California-heavy store base, filed for Chapter 11 bankruptcy protection at the end of July, but proved unable to gain any traction on its turnaround efforts.
WRH permalink




Post new comment

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <i> <b> <strong> <br> <hr> <h2> <h3> <h4> <embed> <object> <param>
  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options