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Service Merchandise was a retail chain of catalog showrooms carrying jewelry, toys, sporting goods and electronics. The company, which first began in 1934 as a five-and-dime store , was in existence for 68 years before ceasing operations in 2002.
F.A.O. Schwarz – sold to Toys 'R Us after bankruptcy in 2009; all stores closed except original NYC flagship store, which closed in 2015. [178] The chain was bought out by ThreeSixty group and opened two new locations in Rockefeller Center, and LaGuardia airport, with plans to open up to 30 more in the future.
Service Merchandise relocated in 1995 to a new store roughly half a mile away at the Crossings at Hobart shopping center. [5] Burlington Coat Factory then expanded into the former Service Merchandise space. The Montgomery Ward anchor store closed in March 2001 when the entire chain filed for bankruptcy. [1]
The third major stationery chain to declare bankruptcy within a year, Paper Source filed for Chapter 11 in March 2021 and closed at least 11 of its nearly 160 stores. The company had grown rapidly ...
This ubiquitous electronics retailer said it was filing bankruptcy and closing 88 of its 220 stores in March 2017. One month later, after failing to find a buyer, the company moved to close all ...
All Billabong, Quiksilver and Volcom stores will close in the U.S. after their operator, Liberated Brands LLC, filed for bankruptcy on Sunday in the U.S. District of Delaware. Liberated Brands has ...
All remaining Kresge and Jupiter stores were sold to McCrory in 1987 with the Canadian Kresge and Jupiter stores closing in 1994. Kobackers (Canton, Mansfield, Portsmouth), purchase by Davidson Bros., the parent of Federal's in 1961 [381] [382] [383] Lamson Brothers . Lamson's entered bankruptcy and closed in 1976. [384] [371]
It expects to lose $900 million in sales because of the store closings, according to a filing in U.S. Bankruptcy Court in Richmond, Virginia, by Michael Nicholson, the company's chief operating ...