Mervyns store chain files bankruptcy
Published 5:00 am Wednesday, July 30, 2008
Blaming the “state of the economy” and difficult operating conditions, Mervyns announced Tuesday that it had filed for bankruptcy protection. The Hayward, Calif.-based department store chain, with 176 stores in California and six other states, said it intends to restructure the company’s debt and realign its business operations