Service Merchandise calls it quits

Eagal, Clint
January 2002
Furniture/Today;1/14/2002, Vol. 26 Issue 19, p38
Trade Publication
Reports the bankruptcy of Service Merchandise Inc. in Nashville, Tennessee. Blame thrown on the combined effects of the September 11 terrorist attacks and loss of consumer confidence on the losses incurred; Cancellation on the orders of vendors; Support of lenders and creditors for the business to emerge from bankruptcy protection.


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