Mervyns

Mervyns

Mervyn's was an American middle scale department store chain based in Hayward, California. It carried national brands of clothing, footwear, bedding, furniture, jewelry, beauty products, electronics, and housewares. Many of the company's stores were in shopping malls. Based on 2005 revenue, Mervyn's was the eighty-third largest retailer in the United States.

In December 2006, Mervyn's had 189 stores in 10 states. Mervyn's 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, Mervyn's 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.

Read more about Mervyns:  History, Headquarters