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Mervyns files for Ch. 11 bankruptcy protection Fame it!
Posted on Jul 30 2008 5:55 AM by adeal
Filed Under: Daily News , Employees ,

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. The company, which had been languishing for several years, said that all of its 175 stores will remain open and business will continue as it reorganizes.



Full story: businessweek.com
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