Rex Electronics store closings

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No official announcement has been made by the company, but Rex is closing a good number of its store this winter, which is garnering attention in local markets. Stores in Pensacola and Tallahassee, Florida; Indiana, Pennsylvania; and Enid, Oklahoma are all entering liquidation sales. Rex was considering a retail restructuring last month but has not issued word on whether these store closings are part of a larger plan. The company sells synthetic fuels and ethanol in addition to operating its 100-plus-door retail electronics chain.

Update, January 13: The Rex in Albany is closing as well.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on January 7, 2009 10:04 AM.

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