Top US Retail Stores Chains Bankrupt

Bombay - Unfortunately, this chain has failed and went bankrupt in September 2007. All assets have been top us retail stores liquidated and the brand names of the company, intellectual property and trade were acquired by Hilco Consumer Resources and Gordon Brothers Group for $ 2 million in cash. These investors will come through this list. They acquired many of these stores removed. top us retail stores

Circuit City - If you have a gift card company, Best Buy, before March 31, when they close their doors forever. During the liquidation period, the warranties on new purchases will still be honored top us retail stores and will always offer theater installation. This shop filed for Chapter 11 bankruptcy in November last year, but never recovered.

CompUSA - Although this chain closed its doors in March top us retail stores 2008, after a final boost in sales during the Christmas holiday season in 2007, worth mentioning. Known for its strong presence in the market for consumer devices, CompUSA has met its demise due to sluggish sales and competition with Best Buy, Circuit City and Fry.top us retail stores

Goody's Family Clothing - This chain of retail clothing is a privately held company headquartered in Knoxville, Tennessee, which emerged from Chapter 11 bankruptcy in October last year. The company, however, top us retail stores was forced to liquidate their safety and inventory earlier this year due to the economic slowdown.

Linens' n Things - This chain filed Chapter 11 bankruptcy in May 2008, but closed later last year. A joint venture, Hilco Consumer Capital and Gordon Brothers Brands, bought the chain for $ 1 million. This is far from the $ 1.3 billion to a top us retail stores group of private investors paid in 2006.

Mervyn - Most of the chain stores are in California, where he had a strong presence before filing for Chapter 11 bankruptcy in July last year. The last store closed its doors in December 2008. The store was founded in 1949 by top us retail stores Mervin G. Morris, the stores of the same name, even if the "i" in its name was changed to "and" for marketing reasons.

The Sharper Image Corp. - After filing for bankruptcy early last year, top us retail stores the store known for their electronics has closed its doors in August 2008. Hilco Consumer Capital and Gordon Brothers Group won the bid in the auction in bankruptcy the assets of The Sharper Image. The final top us retail stores cost? Forty-nine million, with some asset recovery company parole.

Tweeter - In November 2007, the retail chain filed for bankruptcy for the second time in 18 months. Beaten by falling sales projection top us retail stores and flat screen televisions and competition from Best Buy and Circuit City, Tweeter, finally gave up the ghost. The company was purchased by Schulze Asset Management in June 2006, but still $ 38 million invested in the company could not save him. top us retail stores

top us retail stores Woolworth - This chain almost a century old succumbed to the same loss of so many others before made - competition and declining sales. All chain stores were closed earlier this year after filing for bankruptcy in November last year.