Hey, how about some good news? Forever 21 and Kohl's made a joint acquisition of 46 former Mervyn's stores. Fifteen of the locations will become Forever 21 stores and the other 31 will turn into Kohl's. Kohl's is maintaining its plan to open 50 new stores in 2009.
updates: December 2008 Archives
Barely a month after announcing its liquidation plan, Tweeter abruptly closed all its stores effective this morning. Employees were turned away and millions of dollars of unsold goods are now in lockdown. Many consumers may have lost merchandise and deposits in the swift action as well.
