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Mervyns Announces 26 Closings

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Clothing chain Mervyn's has announced it will close 26 stores as part of a cost cutting move following their Chapter 11 bankruptcy filing.

11 of those stores are in California, six are in Texas, four in Nevada, four in Arizona, and one in Idaho. The Hayward-based department store chain, which operates about 175 stores primarily in California, cited "under-performance" for closing the stores.

The closest stores closing their doors are Antioch, Livermore, Fairfield and Napa.

All the stores will close in October through November.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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