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Closings
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ClosingsLongs Drug Stores (925-210-6763) will close 15 poorly performing stores. The 431-unit chain operates in six western states.
One Price Clothing Stores (864-486-6210) will close 18 stores in 2001. The apparel store chain closed 24 stores in 2000. The company operates 641 locations in 30 states.
Goody’s Family Clothing Inc. (865-966-2000) will close two stores in 2001. The company closed two stores in 2000, while opening 32 locations. The company operates 318 stores in 18 states.
The Dress Barn, Inc. (914-369-4500) will close 15 underperforming stores during the remainder of fiscal 2001. The company is also converting its single-brand stores to combo stores featuring both the Dress Barn and Dress Barn Woman lines. The company operates 701 locations nationwide.
Goodwill Industries of Greater Detroit (313-964-3900) will close all of its retail stores after the company lost money on the operation for the third straight year. The agency had shut down its stores in the 1980s and reopened in 1995. Family Dollar (704-847-6961) plans to close 50 stores in fiscal 2001. The company closed 31 stores in the last six months. The discount retail store opened 249 locations in the last six months and operates 3,920 units in 39 states.
Homeland Holding Corporation (405-879-6600) closed seven underperforming stores. The 78-unit grocery store chain operates in OK, southern KS and the TX panhandle.
Chmiel’s Market (937-667-4494) may close its 32,000 sq.ft. supermarket at Normandy Square Shopping Center in Centerville, OH when its lease expires on May 31. The company’s Tipp City, OH location will continue to operate. RG Properties (937-434-7218) owns and manages the property and is forming plans to reconfigure the space for one or more vendors of health and fitness services.
Mattress King (717-848-5953) closed its last retail store in Springettsbury Township, PA. The one-time 17-unit chain filed for protection under chapter 7 of the U.S. bankruptcy code and was forced to liquidate all assets.
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