International Business News - Mervyns http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Regional department-store chain Mervyns LLC said Friday it will close its remaining 149 stores and will hold going-out-of-businesses sales beginning Saturday. http://www.ibtimes.com/articles/20081031/mervyns-to-liquidate-remaining-149-stores.htm Fri, 31 Oct 2008 08:04:50 EDT Ailing department store chain Mervyns LLC, which had been operating for almost five decades, has become the latest merchant headed for extinction. The retailer, which filed for Chapter 11 bankruptcy protection in July, said Friday that it plans to begin liquidation sales at its remaining 149 stores and wind down its business. The Hayward, Calif.-based chain said liquidation sales during the holiday season were the best way to maximize value for the company's creditors after exhausting all its options, including the sale of the company. http://www.ibtimes.com/articles/20081017/mervyns-says-it-will-liquidate-all-stores.htm Fri, 17 Oct 2008 16:59:02 EDT Ailing department store chain Mervyns LLC, which filed for Chapter 11 bankruptcy protection in July, is expected to announce as early as Friday that it plans to liquidate all of its stores, according to one source close to the situation. http://www.ibtimes.com/articles/20081017/mervyns-expected-to-announce-liquidation.htm Fri, 17 Oct 2008 13:47:05 EDT Mervyns LLC, the mid-tier department store chain that filed for Chapter 11 bankruptcy protection on Tuesday, received approval from the U.S. Bankruptcy Court for $465 million in interim financing provided by Wachovia Capital Finance Corp. http://www.ibtimes.com/articles/20080731/mervyns-gets-465-million-interim-financing.htm Thu, 31 Jul 2008 15:59:46 EDT Department store chain Mervyns LLC filed for bankruptcy protection on Tuesday, the latest in a series of merchants stumbling in the harsh retail environment and another blow to the nation's struggling malls. http://www.ibtimes.com/articles/20080729/mervyns-files-chapter-11-bankruptcy-protection.htm Tue, 29 Jul 2008 18:56:40 EDT Mervyns LLC, the low-end department store chain that has been languishing for several years, could be the latest casualty of the fiercely competitive retail climate. http://www.ibtimes.com/articles/20080721/mervyns-face-financial-squeeze.htm Mon, 21 Jul 2008 17:47:29 EDT