Service Merchandise Faces Chapter 11

Martinez, Matthew
January 1999
Mergers & Acquisitions Report;01/11/99, Vol. 12 Issue 2, p1
Reports that Service Merchandise Co Inc. is planning for a liquidation sale after filing for bankruptcy. Financial losses of the company; Statements from Lawrence Krule, an analyst at M.J. Whitman; Properties of the company.


Related Articles

  • Service Is Poised to Liquidate. Martinez, Matthew // Mergers & Acquisitions Report;03/29/99, Vol. 12 Issue 13, p3 

    Informs that liquidation will follow a voluntary bankruptcy filing of Service Merchandise Co. Inc. Service assets of the company as of September 27, 1998; Appointment of Sam Cusano as chief executive officer of the company; Other plans of the company.

  • Service Merchandise hires specialists for GOB sales. Engel, Clint // Furniture/Today;1/28/2002, Vol. 26 Issue 21, p3 

    Reports the hiring of liquidation specialists for the going-out-of-business sales of Service Merchandise in Nashville, Tennessee. Joint venture between SB Capital Group, Grodon Bros. retail Partners and The Ozer Group; Maximization of the company's merchandise value; Disposal of real estate...

  • Kmart, Service Merchandise fall under Wal-Mart steamroller. Stuart, Stephen // New Orleans CityBusiness (1994 to 2008);1/28/2002, Vol. 22 Issue 32, p12 

    Focuses on the impact of the liquidation of Service Merchandise Inc. on mid-size retail chains in New Orleans, Louisiana. Effect of competition and consolidation on the retail landscape; Dominance of discount chains; Increase in the market share Wal-Mart.

  • liquidation.  // ICSC Dictionary of Shopping Center Terms;2005, p83 

    A definition of the financial term "liquidation," which refers to sale of assets during closing of a business, is presented.

  • Strong Market Is Good for Owners Seeking Liquidity. Bixler, Edward M. // Business Journal (Central New York);01/21/2000, Vol. 14 Issue 3, p19 

    Offers tips for business owners planning to sell their companies. Tips on enhancing a company's liquidity; Preparing for the sale of the business; Understanding the value drivers of one's company.

  • Service Merchandise closes distribution center.  // Las Vegas Business Press;03/31/97, Vol. 14 Issue 13, p30 

    Reports on Service Merchandise Inc.'s plan to close its Green Valley, Nevada distribution center by the end of June 1997.

  • A Gemmy is forever at Service Merchandise.  // Discount Store News;1/15/96, Vol. 35 Issue 2, p60 

    Reports on Service Merchandise's launching of the Gemmy line of fine jewelry and an awards program to go with it. Good sell-through of three core items created by Diane de Navacelle.

  • Service Merchandise regroups after 1995 loss. Andreoli, Teresa // Discount Store News;5/6/96, Vol. 35 Issue 9, p4 

    Reports on Service Merchandise's plan to improve its performance by creating merchandising programs that encourage browsing, sharpening its marketing and improving expanse efficiencies. Launching of in-store demonstration programs; Financial performance of the company; Expected growth of...

  • Service Merchandise plans to turn the tide in '95. Andreoli, Teresa // Discount Store News;5/1/95, Vol. 34 Issue 9, p3 

    Reports on the corporate plans by Service Merchandise Inc. to recover from low corporate financial results in 1994. Customer service investment due to studies indicating the negative effects of the company's poor customer services; Concentration on improving sales and employee payroll.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics