Mervyn's Could Be Newest Entry In Bankruptcy March
Mervyn's is considering Chapter 11, The Wall Street Journal reported Monday. The company's vendors have halted shipments and its lenders have cut off loans.
Sharper Image Corp., Linens n' Things Inc. and Steve & Barry's LLC are all private equity-owned retail chains that have filed for Chapter 11 since February as the slowing economy takes its toll.
Several other sectors —...
To view the full article, register now.