Bankrupt Mervyns to Close 26 Stores
15054 Fri, 08/15/2008 - 11:57am
HAYWARD, Calif.–Bankrupt Mervyns has set plans to close 26 of its 176 stores by late October or early November.
The stores have been identified as underperforming units and are being closed as part of the retailer’s Chapter 11 filing last month.
The retailer will hire an outside firm to liquidate the units.
Eleven of the stores to be closed are in California, six are in Texas, four are in Arizona, four are in Nevada and one is in Idaho.