Analysis of information sources in references of the Wikipedia article "List of defunct retailers of the United States" in English language version.
And a fond farewell to Licorice Pizza, the popular Southland music and video stores which will undergo a name change at the end of the month as part of a corporate consolidation by new parent company, Musicland Group, Minneapolis. The chain has renamed its 35 area Licorice Pizza stores, which will now be called Sam Goody Music & Video.
Sycamore Stores Inc., an Indianapolis-based retail chain, will close its 126 stores in the next few weeks, including two in the Dayton area. The chain of women's apparel stores filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code on Friday as a prelude to liquidation. The company will lay off nearly 650 employees within 10 weeks. About 50 of the shops are in Indiana. Other stores are in Illinois, Ohio, Michigan and Kentucky.
The last of the money-losing Korvettes discount stores was closed Dec. 24, 1980.
Witmark, a cataloger out of Grand Rapids, Mich., closed its last 10 showrooms.
G.E.M., Government Employees Mutual, Denver's first large discount house, carrying both hard and soft lines opened here at 5200 Smith Road. Shopping at the new firm will be restricted to city, county, State and Federal employees and military personnel.
The parent Parkview-Gem, Inc., of Kansas City, Mo., is being reorganized under a section of the Bankruptcy Act. The nationwide discount chain has incurred loses for several years, and has closed 35 stores during the past year.
PACE opened its first warehouse in Denver in 1983 and added five others in Atlanta, Denver, Charlotte, N.C., and Tampa and St. Petersburg, Fla., last fall.
PACE Membership Warehouse (Denver, Colorado) opened its first warehouse club in the summer of 1983, and by the end of last year, 6 PACE units had opened.