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Mervyns Stores |
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23 Aug 09 - If your Mervyns has been converted into something else please post that as well! Now that Kohl's and Forever 21 stores are some of the replacements for Mervyns store be sure to post those stores as well to the group.
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About Mervyns StoresMervyns was an American department store chain based in San Lorenzo, CA. It carried national brands of clothing, footwear, bedding, furniture, jewelry, beauty products, electronics, and housewares. Many of the company's stores were found in shopping malls. Based on 2005 revenue, Mervyns was the eighty-third largest retailer in the United States. In December 2006, Mervyns had 189 stores in 10 states. However, Mervyns closed all of their locations in Oregon and Washington by February 2007, reducing its store count to 177 stores in 7 states. The company said it closed underperforming locations that did not contribute to the company's success. In July 2008, Mervyns announced it filed for Chapter 11 bankruptcy protection. Three months later (October 17, 2008), the company announced that it would liquidate its assets through a Chapter 7 filing.On October 31, 2008, Mervyn's began the process of liquidating its entire inventory in an effort to repay its creditors, and, by December 31, 2008, all remaining locations were closed. Then, on February 11, 2009, the Morris family announced that they had bought back intellectual property as well as naming rights to the company, their hope being to relaunch as an internet-based enterprise. |
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