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07-21-2008, 08:26 PM #1
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All 177 Mervyn's Stores Could Close Within 30 Days
Mervyn's Fights to Keep Its Store Doors Open
By Peter Lattman
Word Count: 615 | Companies Featured in This Article: CIT Group
Mervyn's LLC, the long-struggling California department-store chain, is fighting for survival as some of its vendors have halted shipments to the company and key lenders have pulled financing, according to people familiar with the situation.
In recent days, Mervyn's executives have been trying to persuade vendors to ship merchandise to the retailer for the crucial back-to-school season. If that effort fails, the company could be forced to file for bankruptcy protection as soon as this month and shut down, according to these people. Mervyn's operates 177 stores in seven states, mostly in California.
A Mervyn's spokesman couldn't be reached to ...
http://www.freedomsphoenix.com/Find-Fre ... &From=NewsJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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07-21-2008, 08:38 PM #2
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07-21-2008, 08:51 PM #3Originally Posted by agrneydgrl
LOL!Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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05-03-2024, 11:30 PM in General Discussion