Why did Gottschalks go out of business?

In 1988, the company closed its flagship store in Fresno, California due to unsatisfactory sales.

When did Gottschalks GO out of business?

Jan. 14, 2009
Gottschalks’ bankruptcy on Jan. 14, 2009, sent a shock wave through communities where the company operated nearly 60 stores in the western U.S. By the time the last store closed in July 2009, most of its 5,200 employees were out of a job, including at the corporate headquarters in northeast Fresno.

What happened to Gottschalks stores?

Gottschalks will start its final sale this week and shut down by summer after it failed to attract a viable bid to keep the bankrupt department store chain alive.

When did lamonts go out of business?

After experiencing financial difficulties for several years, Lamonts filed for Chapter 11 bankruptcy in January 1995 and was trying to reemerge going into 1996. Lamonts Apparel started out in 1967 as a division of the M. Lamont Bean Co., a diversified holding company that was founded in 1923.

Who owns mervyns?

Target Corporation
Sun Capital Partners
Mervyn’s/Proprietari

What happened to lamonts?

Partly because of a continued lag in sales late in 1994, Lamonts filed for Chapter 11 bankruptcy in January 1995. Lamonts was able to use the bankruptcy to get out of some costly store leases and to reduce its debt service payments with rearranged financing.

Why did Mervyns close down?

Although the company attempted to undergo reorganization under bankruptcy, Mervyn’s ultimately succumbed to the ongoing Great Recession and announced that it would liquidate its assets through Chapter 7 of Title 11 in the United States Code, stating it “is the best course of action to maximize value for all of the …

Does target own Mervyns?

Mervyns was owned by Target Corp., for the most part under Target’s previous incarnation as Dayton Hudson Corp., until 2004, when it was sold to a group of investors including Cerberus Capital Management and Sun Capital Partners. On July 29, Mervyns filed for Chapter 11.

Does Anchor Blue still exist?

Teen clothing chain Anchor Blue Inc. has filed for bankruptcy again and will close all 117 stores, most of them in California. Founded four decades ago as Miller’s Outpost, the chain specialized in selling jeans, casual wear and accessories.

What was Anchor Blue called?

Miller’s Outpost
Anchor Blue Inc. (formerly Miller’s Outpost) was an American clothing retailer which had over 100 stores in the western United States. It generally sold its own Anchor Blue brand name of youth-oriented denim, graphic T-shirts and casual clothing.

Who owned Mervyn’s?

Does Macy’s own target?

May Company purchased the stores prior to May’s own acquisition by Federated Department Stores, which rebranded all the Marshall Field’s stores as Macy’s….Dayton’s.

Is linens and things still in business?

Linens ‘n Things, Inc. It was relaunched as an online-only retailer in February 2009 at its former domain name, LNT.com, selling similar products as its brick-and-mortar stores had. As an online retailer, it originally ceased operating in 2018.

What happened to Anchor Blue jeans?

Teen clothing chain Anchor Blue Inc. has filed for bankruptcy again and will close all 117 stores, most of them in California. Founded four decades ago as Miller’s Outpost, the chain specialized in selling jeans, casual wear and accessories. …

What clothing brand has an anchor logo?

Dockers® Anchors Logo in its Roots – Levi Strauss & Co : Levi Strauss & Co.

When did Anchor Blue close down?

January 2011
In January 2011, Anchor Blue ceased corporate operations. Since then, Anchor Blue have advertised their “Going Out of Business” sales. They have tried to sell their products, including store fixtures with discounts up to 70%. In 2011, Anchor Blue officially closed all stores due to economic struggles.

Do Mervyn’s stores still exist?

Mervyn’s was an American middle-scale department store chain based in Hayward, California, and founded by Mervin G. Morris….Mervyn’s.