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Going-Out-Of-Business Sale

Business
Longtime Westchester Business To Close After Almost 100 Years Longtime Westchester Business To Close After Almost 100 Years
Longtime Westchester Business To Close After Almost 100 Years A jeweler business that has been part of a Westchester County city's downtown for almost 100 years is preparing to shut its doors.  Talner Jewelers, located at 565 Main St. in New Rochelle since 1927, announced it would be holding a going-out-of-business sale on Monday, Nov. 11.  Since its opening nearly a century ago, the store has sold jewelry, giftware, and tableware in addition to offering repairs and resizing services.  Now though, the store's owners are preparing to begin the next part of their lives.  "The decision was not an easy one to make and is bittersweet,…

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by Ben Crnic
Business
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy A retailer primarily located in malls is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. In its filing on Thursday, May 2, the company said, "It became clear that offers to buy the debtors' assets at their current worth could not exceed the expected profits from selling off the closing stores and assets.  "As a result, the deb…

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by Joe Lombardi