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Play Co. Toys &
Entertainment Corporation (760-471-4505) will
close 33 stores in accordance with the chapter 11 filing in bankruptcy
court. The collectible toy retailer will close 16 stores in southern CA;
three in Las Vegas, NV; three in TX; two in IL; two in Charlotte, NC and one
each in Tempe, AZ; Broomfiled, CO; Orlando, FL; Nashville, TN; Hanover, MD;
Bloomington, MN and Auburn Hills, MI. |
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Millers True Value
(701-772-2701) will close its South Washington Street location in Grand
Forks, ND. |
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Heilig-Meyers
Company (804-784-7300) will close the chains
remaining 375 stores. The company has previously gone through two waves of
closures and has been under chapter 11 bankruptcy protection since August,
2000. |
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ACE Cash
(972-550-5000) will close 84 underperforming locations before the end of the
fiscal year. The check-cashing chain has opened or acquired 189 locations in
the first nine months of fiscal 2001. |
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DJM Asset Management
(516-752-1100) has the listing to dispose of 950 locations in the bankruptcy
actions of five retailers. The assignment of Bugle Boy stores
includes 173 locations ranging in size from 2,000 sq.ft. to 11,926 sq.ft. in
39 states. The Custom Shop has 48 mall stores on the market, while
Natural Wonders is vacating 219 locations. Natural Wonders stores range
from 1,724 sq.ft. to 4,444 sq.ft. and are located in 41 states. Freestanding
locations of Franks Nursery & Crafts, Heilig Meyers and
HomePlace will also go through disposition. |
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AMF Bowling, Inc.
(804-730-4000) closed the AMF Antioch Lanes in Northland area of
Kansas City, KS. The company operates 520 locations worldwide, with 403
centers in the U.S. The company is considering chapter 11 bankruptcy
protection to restructure its $1.3 billion in debts. |
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Track n Trail
(916-933-4525) filed for chapter 11 bankruptcy protection. The company
operates 151 stores in 33 states under the Track n Trail and Overland
Trading brand names. All stores will remain open through the first phase
of the process. |
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Nelson Bedding
(330-788-4179) will close its Uptown location on Market Street in
Youngstown, OH. The company hopes to relocate the store in the city. The
companys Boardman, OH location will remain open. |
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Nordstroms
(206-628-2111) closed its store in downtown Yakima, WA. The downtown retail
district has lost two other anchor stores, The Bon Marche and J.C.
Penney, within the last 18 months. |
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Busk Brothers
Furniture (219-277-2000) trading as
Flexsteel Comfort Seating is closing its stores in Mishawaka, IN and
Michigan City, IN. |
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Brown Shoe Company
(314-854-4000) trading as Naturalizer closed its store at
MacArthur Center in Norfolk, VA. The companys stores at Chesapeake
Square, Greenbrier Mall and Coliseum Mall will remain
open. |
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Kuesters Hardware
(812-422-3293) will close two of its Evansville, IN locations. The companys
other four Evansville and the Carter Road unit in Owensboro, KY will remain
open. |
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Sears
(847-286-2500) will close its Midtown Shopping Center location in
August. The company will relocate the store to the former Montgomery Ward
space at Pueblo Mall. Trammell Crow will handle the leasing of
the space at Midtown Shopping Center. |
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Lillys Crown
Jewelers (304-256-7200) will close all nine of
its stores after filing for chapter 11 bankruptcy protection. The company
has between $2.7 million and $3.1 million in debt. The company operates four
Charleston, WV-area units at Town Center Mall, Kanawha Mall,
Dunbar Village and Dudley Farms Plaza. The jewelry stores are
also located in Logan, WV; Beckley, WV; Bluefield, WV; Morgantown, WV and
Christiansburg, VA. |
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The Sport Shoe
(770-279-7494) filed for chapter 11 bankruptcy protection and will close two
of its 23 locations. The company operates in GA, NC, AL and FL. The company
will close its Cobb Parkway and Hammond Drive locations in the Atlanta, GA
area. |
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Rankin Automotive
Group, Inc. (713-741-3100) trading as US
Parts filed for chapter 11 bankruptcy protection. The 14-unit chain
operates throughout TX, has secured debtor-in-possession financing and will
not immediately close stores. |
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American Appliance
(800-898-4677) closed its remaining 24 stores. The company had stopped
receiving shipments from both Frigidaire and General Electric
over the last three months. The company closed six stores in February. The
company filed for chapter 11 bankruptcy protection in late April after GE
Capital filed to seize about two-thirds of the companys inventory.
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Shells Seafood
Restaurants, Inc. (813-961-0944) closed 16
locations in the midwest and FL. The company operates 33 units specializing
in mid-priced seafood. |
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Gerald Stevens
(954-713-5000) filed for chapter 11 bankruptcy protection in an effort to
restructure $66.8 million in debt. The 300-unit floral retailer chain had
set a five-year goal of 1,000 locations when the business was launched in
1998. The company closed deals for its wire-based Florafax service
and its Calyx & Corolla catalog operation. |
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