Steve and Barry's just can't find its way out of bankruptcy and has declared for bankruptcy again and announced liquidation of all its stores.
Around the pike are 5,000 layoffs, which is its employment count, and some woes for commercial real estate owners of properties they will vacate. Its been a while since we wrote about store closings and the impact on the commercial properties owners, but I expect to accelerate stories like that into the new year after the clownsumer holiday period.
Steve and Barry's is based in Port Washington, New York.
Related:
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Retail Closure and Unemployment
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Consumer Spending Drops Most In 28 Years
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9 comments:
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