Daily Archives: April 15, 2008 12:11 am

More Economic Pain: Retailing Chains Caught in a Wave of Bankruptcies

April 15, 2008 12:11 am
By

This is so not a good sign: Since last fall, eight mostly midsize chains — as diverse as the furniture store Levitz and the electronics seller Sharper Image — have filed for bankruptcy protection as they staggered under mounting debt and declining sales. More on the way… But the troubles are quickly spreading to bigger national companies, like Linens ‘n Things, the bedding and furniture retailer with 500 stores in 47 states. It may file for bankruptcy as early...

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