End of an Era for Mervyns
After 60 years in business, Hayward-based Mervyns announced plans to liquidate its remaining 149 stores and sell off approximately $900 million in remaining merchandise, including clothing, footwear, bedding, furniture, jewelry, beauty products, electronics and housewares. The retailer is partnering with Great American Group LLC, SB Capital Group LLC, Tiger Capital Group LLC and Hudson Capital Partners LLC to coordinate the eight-week going-out-of-business sale.