NASHVILLE, Tenn. – Service Merchandise Co. Inc., a 42-year-old retail chain that has operated under Chapter 11 bankruptcy protection since March 1999, announced Friday that it is going out of business ...
Update—In an early afternoon release, Service Merchandise confirmed that it intends to cease operations and liquidate its assets. The company cited “disappointing 2001 results in a post-September 11 ...
Service Merchandise, the one-time catalog showroom retailer that attempted a comeback through a mail order catalog last spring, has been tabled at least until early next year. Due to a lack of ...
Nashville, Tenn.-based Service Merchandise Co. Inc. announced Friday it is closing its doors. The decision will affect the company's 218 stores in 32 states, including its location at 1636 Martin ...
Bankrupt retailer Service Merchandise Co. said Friday that it is going out of business. The retailer, which has been selling gifts, jewelry and home decor products for 42 years, said its 8,300 store ...
The late, lamented catalog showroom retailer Service Merchandise is making a comeback of sorts. The success of a Service Merchandise jewelry Website launched in December has led to the test-mailing of ...
I have very vivid memories about Service Merchandise, a now-defunct business with a unique ordering process focused on catalog inventory. For a kid, that kind of business model was the ultimate ...
In an effort to save an estimated $35 million in 2001, Nashville, Tenn.-based Service Merchandise laid off about 1,750 full-time employees Jan. 10 and announced plans to restructure its core business.
Coming soon to several Service Merchandise stores near you: going out of business sales. As a result of the retailer’s bankruptcy filing, three stores on Long Island Huntington, Lawrence and ...
NASHVILLE,, Tenn., Jan. 4 (UPI) -- Service Merchandise Co. Inc., once the nation's top catalog-showroom retailer, said Friday that it will go out of business and close all of its more than 200 stores ...
Service Merchandise Co. Inc., a home-and-jewelry specialty chain operating under bankruptcy protection since 1999, announced Friday it is going out of business. The company, which has more than 200 ...
Service Merchandise Co. said it will close all of its 200 stores and eliminate half of its 1,000 corporate employees as the recession and fallout from the Sept. 11 attacks crippled the chain. The ...